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Lagos chases land grabbers from N2bn property

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The Lagos State Government Taskforce on Environmental
and Special Offences (Enforcement) unit, has chased away
some suspected land grabbers from a N2bn estate in the
Gbagada area of the state.
The task force officials, led by the Chairman, CSP Bayo
Sulaiman, stormed the estate on Tuesday and rid it of the
hoodlums, who were guarding the place.
Several vehicles found on the piece of land were towed
away by the task force.
The estate was said to have been built by Stardust Estate
Limited after purchasing the property from the Lagos State
Government in 2007 with a bank loan of over N1.5bn.
It was gathered that the land grabbers were from the
popular Oloto family and had seized the property from the
developer, claiming it belonged to the family.
It was further learnt that although a verdict by a High Court
of Lagos, had restrained the Oloto family from encroaching
on the land, the directive was ignored.
The task force chairman, Sulaiman, said, “Investigations
showed that Stardust legally acquired the property, which is
about 27 plots, from the government to build an estate, and
obtained the C of O for the property.
“A survey carried out by the Surveyor General Office
showed that the land in question did not belong to the Oloto
family and the Attorney General of the state, through the
Solicitor General had written to the Oloto family to stay
away from the land, but the family ignored it and took
possession of the already built estate and put the houses in
it for sale.”
Sulaiman added that the family also harassed buyers who
had already purchased duplexes from Stardust and were
living in their apartments.
An official of the firm, Dr. Akin Akinmokun, lamented that
the bank, where money was borrowed to develop the estate,
was already on the company’s neck to pay back.
A representative of the family, Adeola Egbeyemi, 60, was
arrested by the task force and taken to the head office.
In her statement at the task force office, Egbeyemi insisted
that the land in question belonged to the Oloto family and
was to be used for an estate.

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