Billionaires War:Oba Otudeko Sues Aliko Dangote For $48m

 
A Federal High Court in Lagos on Wednesday fixed May 5 for the continuation of trial in a suit filed by Oba Otudeko against Aliko Dangote, over a land dispute. Mr. Otudeko, Chairman of the Honeywell Group, had filed the suit, claiming the sum of $48 million as damages for breach of contract. In the suit, number FHC/L/CS/329/06, the NPA, Bureau of Public Enterprises, BPE, Dangote Industries Ltd, Aliko Dangote, and Greenview Development Nig. Ltd, are listed as first, second, third, fourth and fifth defendants, respectively. When the case was called on Wednesday, counsel to the plaintiff, Joseph Nwobike, told the court that his witness was indisposed. He had, therefore, prayed the court for an adjournment, to enable his witness attend court. The defence counsel did not object to the prayer for adjournment. Justice Okon Abang consequently adjourned the case till May 5, for continuation of trial. The plaintiff is claiming the damage sum, for breach of contract over land within the Lagos Ports Complex, known as the 5th Apapa Wharf Extension. Mr. Otudeko said, in his statement of facts, that by an agreement, NPA leased the said land to him for five years at a consideration of N2.2 million yearly. He said that the land was for the purpose of setting up a bulk food handling facility, adding that in keeping with the agreement, it paid the aforesaid amount and an additional N290, 000 for survey. According to the plaintiff, the BPE suddenly suspended his pre-existing rights, and granted the concession to Greenview Development. Ltd, belonging to Mr. Dangote. He said that NPA and BPE latter asked him to vacate the facility so as to ensure a smooth transfer to the new operator. Mr. Otudeko claimed that Mr. Dangote, through his agents, harassed, threatened and ordered his officials to vacate the land. He said that by the forceful eviction, he lost the profit his company would have made and was greatly injured in its business. Mr. Otudeko is, therefore, urging the court to declare Honeywell Group as the exclusive legal occupier of the land and to restrain the defendants from treating it as stranger or trespasser on the land. He also wants $48 million dollars as damages, for additional expenses required to build the bulk food handling facility.

CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

4 Comments

  1. Two elephants. It is this kind of battle lawyers love. Now, u will see all kinds of advice frm lawyers. Very selfish & wicked advice just to make money frm them.

    ReplyDelete
  2. If lawyers don't make mpney from the duo billionaire, where will they make it. Its a brilliant opportuinity for brilliant lawyers. Lawyers please display your professional competence for the two.

    ReplyDelete
  3. That's a chicken change for Aliko

    ReplyDelete
  4. Riches cry is not a chicken change my good friend they ask then to suilt out after the two layer belfu

    ReplyDelete
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