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Property Dispute: Developer Admits Failure to Deliver Apartments, As Court Rejects Unsigned Agreement

A property developer, Mr. OlukayodeOlusanya, and his company, Oak Homes Limited, on Friday admitted before the Lagos State High Court sitting at TafaBalewa Square, that they failed to deliver two apartment units to a client as agreed, in an ongoing N152 million property dispute.


The admission came during proceedings in Suit No: LD/4471LM/2023 filed by the claimants against Mr. Anthony Ugbebor and the Economic and Financial Crimes Commission (EFCC), who are the first and second defendants respectively.


While being cross-examined by defence counsel, Mr. N. Salau, Olusanya told Justice Akingbola George that the company did not meet the agreed completion and handover date.

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