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Company Linked To Ooni Of Ife, Oba Ogunwusi Involved In Real Estate Scandal Asks Subscribers To Send Details For Refund

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Metropole Interproject Restricted, an organization linked to the Ooni of Ife, Yoruba’s foremost conventional ruler, Oba Adeyeye Enitan Ogunwusi has denied swindling housing traders and patrons to the tune of a whole bunch of hundreds of thousands of naira.

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A report by the Basis for Investigative Journalism had accused Oba Ogunwusi, Metropole Interproject Restricted and its mum or dad firm, Gran Imperio Group of defrauding Nigerians in huge actual property scandal.



Lanre Jolaoso, Authorized Adviser of the corporate in an announcement on Wednesday described the report as deceptive and false.

Jolaoso, nonetheless, admitted irregularities within the housing scheme, including that the corporate has been issuing refunds to its subscribers.

He stated, “The Ooni of Ife, Oba Adeyeye Ogunwusi way back to 2015 (simply instantly after executing the Three way partnership settlement for the Golden leaf venture) and earlier than his ascension to the throne, relinquished efficient management and his fairness in Metropole Interproject Restricted to 3rd events {and professional} managers. His Majesty, has by no means interfered with the operating of the corporate since then until date.

“Instantly upon execution of the three way partnership settlement between Metropole Interproject Restricted and its contract counter social gathering, we (MIL) spent over N1.2 billion creating the highway infrastructure from Ocean Bay Property to the positioning of the Golden Leaf venture, an virtually 7km stretch of interlocking highway, while contributing considerably to the highway venture of Olugborogan (what’s right this moment known as Orchid Street). 

“The funds spent in these required infrastructure initiatives, had been from Metropole Interproject Ltd and from funds paid by quite a few subscribers to the Golden leaf venture. Until date, no person is speaking about refund of that sum of money and most people is utilizing the non-public highway freely which is within the frequent information. 

“Nonetheless, as with each industrial enterprise, ta dispute broke out between the events to the three way partnership and this took years to resolve, fortunately, after the current intervention of the Ooni of Ife. The challenges confronted by the Golden Leaf venture are issues of public file contained in go well with FHC/CS/L/991/2016 and enchantment quantity CA/L/226/2017.










“MIL has by no means for as soon as denied its duties to its subscribers, and has certainly commenced improvement in Golden Leaf Property, and has been issuing refunds to subscribers, who’ve chosen to choose out of the venture. We’ll proceed to service these obligations like each cheap organisation. 

“In October 2020, MIL circulated a memo to a number of the stated subscribers to start reconciliation and ship of their financial institution particulars for refund. Refunds kicked off instantly, and with over 100 individuals refunded already, the method remains to be ongoing. One other communication is scheduled to exit as soon as we’ve got cleared the primary batch of refunds by August 2021. If any subscriber is but to obtain his/her refund, they’re hereby suggested to ship a communication with their subscription particulars to [email protected] and get their refund course of began or get in contact with the undersigned or the corporate’s retained solicitor, Messrs. Prag Attorneys (Consideration; Olanrewaju Jolaoso Esq.; e mail; [email protected]).

“The 5 (5) subscribers, who’re referred to within the referenced article, are enjoined to instantly contact our workers or solicitor (by way of the emails specified on this letter) to make sure that their refund is processed accordingly.If really they’re goal with none clandestine they need to have guided themselves with the moral rules of investigative journalism which is lacking of their unbalanced information stories.”

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