No Court Shared Late First Foundation Boss Assets — Counsel

Kunle Adegoke & co, the solicitors for Mrs Oluwayemisi Ajayi, widow of Dr. Tosin Ajayi of the First Foundation Medical Engineering Company Limited, have said the Federal High Court in Lagos did not grant 50 per cent of Ajayi’s net assets to Ms Helen Prest-Ajayi.

According to Punch’s report, the solicitors in a letter dated September 13 clarified that while the court granted certain orders, none of the orders awarded any portion of any asset to any party in the suit.

According to the certified true copy of the court paper, some of the orders granted are include, “The second respondent/proposed defendant, whether acting by itself or through its servants, agents and/or privies or whosoever acting on its behalf or authority, is hereby restrained from recognising the third respondent/proposed defendant as entitled to commit contractually or otherwise run the first respondent/proposed defendant or deal in the assets of the first respondent/proposed defendant as a sole surviving director/shareholder pending the determination of substantive action.

“The third respondent/proposed defendant whether acting by herself or through her servants, agents and/or privies or whosoever is acting under her instruction, is hereby restrained from dealing or otherwise running the affairs of the first defendant/proposed defendant, dealing with the assets or seeking to perfect any legal instrument with the aim of alienating, transferring and ultimately dissipating the assets of the first defendant/proposed defendant or interfere in the business undertaking or other activities of the first respondent/proposed defendant.

In the case with suit number FHC/L/CS/900/2021, the first and second applicants are Miss Tomisin Ajayi and Mrs Helen Prest Ajayi; while the first, second, third and fourth respondents are First Foundation Medical Engineering Company Ltd; Registrar General, Corporate Affairs Commission; Mrs Oluwayemisi Ajayi; and Patrick Abak, respectively.

The letter added that Helen Prest-Ajayi, who was portrayed as wife of the late Ajayi, was not married to him and the court did not refer to her as such.