Royal Fraud: Companies Linked To Ooni Of Ife, Oba Ogunwusi Defraud Nigerians In Massive Real Estate Scandal | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Royal Fraud: Companies Linked To OoniAdimulaIfe, Oba Ogunwusi Defraud Nigerians In Massive Real Estate Scandal | Sahara Reporters

The Ooni of Ife, Yoruba’s foremost traditional ruler, Oba Adeyeye Enitan Ogunwusi, is presently embroiled in a real estate mega fraud after some of his companies allocated apartments and land that existed only on paper to hundreds of investors.

Shortly after paying the initial deposit of N8,983,500 million to Metropole Interproject Limited, a receipt bearing the name of its parent company, Gran Imperio Group, was issued to Mrs Offiong. On a scheduled visit to the site, Gran Imperio Group took subscribers to South Pointe I, instead of South Pointe II.

But on the delivery date of August 2015, Mrs Offiong and hundreds of other subscribers found out that what they had were buildings and land on paper; they had been defrauded by companies headed at the time by Adeyeye Enitan Ogunwusi, a man later crowned the Ooni of Ife in December of the same year. Launched in 2014, six estates — Lakeview Park I and II; Mid-Land Court; South Pointe I, II; Golden Leaf Estate; Y’hello Estate — were reportedly created by the company.

Subscribers were required to make an initial deposit of 30 percent of the offer price, 40 percent at roofing stage and 30 percent upon completion. Six years later, hundreds of subscribers neither got apartments nor refunds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OoniAdimulaIfe Dolarpo

OoniAdimulaIfe This is an attack !!!!!

OoniAdimulaIfe Sha make proper findings before you put ya sef for problem. Problem no dey quick finish o.

OoniAdimulaIfe Oops. 😳

OoniAdimulaIfe This case has been on for a long time. I think they should've finalised it. If he's guilty let him pay the fine or go to jail while another person is coronated. Simple.

OoniAdimulaIfe Right from Time I know say that Ooni way no too pure

OoniAdimulaIfe If you read some or all of the story attached to this tweet,let’s talk 😁

United States United States Latest News, United States United States Headlines