Mrs. Obaseki, the wife of Governor Godwin Obaseki of Edo State, and the management of Bank of Industry Investment and Trust Company Ltd are accused by the children of Mr. Alabi of mismanaging their late father’s N5.6 billion estate. Babatunde, Oladipo, Subuola, Awojuola, Rukayat, Olukemi and Adeola Alabi stated in the suit that their late father appointed BOI Trustees as trustees of his estate in his will dated July 30, 1996. Since the demise of Mr. Alabi in 1998, the children said, BOI Investment and Trust Company has persistently mismanaged his estates and has refused to give proper financial account to them. Joined as defendants in the suit are Mrs. Obaseki and Simon Odomokwu, the BOI Trustees company secretary. The plaintiffs have served the court papers on BOI Trustees and Mr. Odomokwu but were unable to serve Mrs. Obaseki prompting them to file a motion for substituted service. Moving the motion, a lawyer from the law firm of DMO Legal, Olasubomi Durojaiye, stated that her office had made three attempts to serve the court papers on Mrs. Obaseki but that on each occasion, they were told that she was unavailable. Mrs. Olasubomi prayed the court for an order to serve the defendant by pasting the court papers at the premises of BOI office in Lagos as all effort to personally serve Mrs Obaseki has failed. Granting the motion for substituted service, Justice M. A Savage ordered that Mrs. Obaseki rather be served through the company’s secretary who is also a party in the suit.
Court Orders Substituted Service On Betsy Obaseki, Edo State First Lady Over Alleged Mismanagement of Estate.
"Exciting news! TheNigeriaLawyer is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest legal insights!" Click here!
.......................................................................................................................
Unauthorized use and/or duplication of this material and other digital content on this website, in whole or in part, without express and written permission from TheNigeriaLawyer, is strictly prohibited
_________________________________________________________________
School Of Alternative Dispute Resolution Launches Affiliate Program To Expand Reach
For more information about the Certificate in ADR Skills Training and the affiliate marketing program, visit www.schoolofadr.com, email info@schoolofadr.com, or call +2348053834850 or +2348034343955. _________________________________________________________________
NIALS' Compendia Series: Your One-Stop Solution For Navigating Nigerian Laws (2004-2023)
Email: info@nials.edu.ng, tugomak@yahoo.co.uk, Contact: For Inquiry and information, kindly contact, NIALS Director of Marketing: +2348074128732, +2348100363602.