What began as a Joint Venture for a high-rise development in Victoria Island has reportedly escalated into a major legal dispute, following the Landowner’s termination of the JV over a fundamental breach by the developer, Levitikal Construction Limited and subsequent move to reclaim possession of the property linked to former Lagos governorship aspirant Dr. Samuel Mawuyon Ajose and Levitikal. The dispute has reportedly spilled into multiple court proceedings including in Suit No: FHC/LAG/CS/1245/2026 instituted at the Federal High Court, Lagos, arbitration and EFCC investigations. Interestingly, the property had also previously been sealed by the EFCC amid EFCC probe, raising fresh questions about its legal and commercial status. The latest development leaves prospective buyers and investors with critical questions: Is it safe to invest in a project riddled with multiple court cases? The legal battle appears far from over. For prospective buyers, the warning is clear: ...
A Lagos State High Court on Tuesday heard the bail application of Hammed Tajudeen Akanbi and reserved ruling to a date to be communicated to parties. The application was argued before Justice A.T. Muyideen, who had earlier adjourned proceedings to November 2026 due to the annual court vacation. However, the court brought forward the hearing of the bail application following concerns over the deteriorating health of the defendant. Counsel to Akanbi, Olalekan Ojo, SAN, urged the court to grant bail on medical grounds, stating that his client’s condition had worsened in custody. He also relied on a Certified True Copy of the police investigation report, which he said exonerates the defendant. In a related application, Rukayat Afolabi, Esq., representing co-defendants Shafi Fatai and Yusuf Ismaila, asked the court to direct the Kirikiri Correctional Centre clinic to release the medical records of her clients. The Director of Public Prosecutions opposed the applic...