Five
months after the death of frontline businessman Chief Olorogun Michael
Ibru, 16 of his children are in a legal tussle over their paternity and
his multi-billion naira assets.
One of his sons, Oboden Ibru, has approached the Igbosere High Court,
Lagos, for a declaration, among others, that he and his 15 other
siblings are entitled to the estate of their father.
In a counter-claim, one of the late Chief Ibru’s daughters, Janet
Ibru, urged the court to declare that only persons whose paternity are
confirmed by a diagnostics centre in the United States are entitled to
an equal share of the estate.
Oboden’s suit was filed February 8 by Chief Bolaji Ayorinde (SAN) but has not been assigned to a Judge.
The defendants are Oskar Ibru, Peter Ibru, Emmanuel Ibru, Gloria
Ibru, Elaine Ibru-Mukoro, Elvina Ibru, Mamemo Ibru, Janet Ibru, Obaro
Ibru, Vivi Ibru-Stankov, Edesiri Ibru, Christiana Ibru, Jero Ibru,
Vikwesiri Ibru, Gabriel Ibru and the Probate Registrar, High Court of
Lagos State.
The claimant is seeking an order declaring that a Memorandum of
Understanding (MOU) of January 2, 2001 is valid as to the distribution
by way of gift of the late Ibru’s assets to both “Ovuone” and “Ivetu”.
He asked the court to declare that the properties listed in the MOU
belong in their entirety to “Ovuone” being gifted jointly and several
times to “Ovuone” in the lifetime of the late Chief Ibru.
Such properties include No. 1, Marine Road, Apapa, Lagos; 47, Marine
Road, Apapa; 49, Marine Road, Apapa; 52, Marine Road, Apapa; 5,7,9
Emotan Road, Apapa; 3,5,7 Ladipo Oluwole, Apapa; Daska House; Blomfield
Court; 33, Michael Ibru Boulevard; 6, Louis Solomon Close, Victoria
Island, Lagos and 5/7, Queens Barracks Road, Lagos.
Others are No. 20, Queens Drive, Ikoyi, Lagos; 6, Kensington Park
Gardens, London; Starcross Farm; Hillcrest Apartment; Zabadne Plot,
Abuja; Maitama Plots, Abuja; Maroko Plots, Lagos; 7, Randle Close,
Apapa, Lagos; all shares in Oceanic Bank; Oteri Holdings Limited’s
shares in Minet Nigeria Limited; Oteri’s shares in Ibachem and the
portion of Ibafon land occupied by Ibachem and Ovwian land.
The claimant is also seeking a declaration that the judgment
delivered by Justice John Tsoho of the Federal High Court, Lagos on
April 17, 2014 remains valid and subsisting, having not been set aside
by any court of competent jurisdiction.
Oboden also asked for an order appointing himself, seventh defendant,
Christiana, first defendant, Oskar and eighth defendant, Jero, as
administrators of the Ibru estate and an order directing them to apply
to the 16th defendant for the grant of letters of administration for the
estate.
An order of the court appointing Messrs. PricewaterhouseCoopers
Limited to conduct a forensic audit of the shareholdings and assets,
whether real or personal, belonging to the estate of the late Ibru in
Oteri Holdings and any other company in Nigeria or anywhere such may be
located, discovered or found in the world and submit such report to the
Registrar of the court within 90 days of the order and the cost of such
exercise be paid by the administrators so appointed herein.
The claimant is seeking an order directing the administrators to
divide the assets into 16 equal shares and that same be given to all the
16 surviving children of the late Ibru.
But in a counter-claim, eighth defendant Janet urged the court to
declare that all matters pertaining to the estate be adjudicated in
Nigeria as well as a declaration that she is entitled to a refund of all
expenses, including the $48,000 incurred by her in defending the law
suits of the second defendant.
Furthermore, she is seeking an order of the court directing the
administrators of the estate of the late Ibru to refund to her, the
expenses incurred in taking care of the late Ibru during the final year
of his life.
