Loyalty: Ooni Sets To Reward Princess Toyin Kolade
All her life, Princese Toyin Kolade with the moniker ‘Iyaalaje Apapa’ has dedicated all her life looking into the affairs of the downtrodden. She has vowed to keep touch lives regardless of the propaganda and hatred tied to it by naysayers.
Those close to the Fisolak Global Resource boss would attest to the fact that; she is an hardworking and supportive woman. She has been championing the revatilization of the Yoruba culture and tradition with the help of His Imperial Majesty, The Ooni of Ife, Oba Babatunde Adeyeye Ogunwusi, most especially, as the sole promoter of the annual Aje Festival (Festival of Wealth)in Ile-ife the cradle of Yoruba race.
Ever since the coronation of Oba Ogunwusi in 2015, the affable business woman has showed unflinching support and loyalty to him in all ramification. Like the popular axiom; There is reward for hardwork and loyalty; Sources disclosed that; the cosmopolitan business woman is getting set to be bestowed with the highly coveted Yoruba title as the ‘Iyaalaje Oodua’ (Head of market men and women in Yoruba land) by the Ooni of Ife.
Sources further gathered that; preparations are already in top gear as the ancient city of Ife will welcome top political officials, Captains of industries and socialites who will move in their large numbers to celebrate with the stylish Osun State born philanthropists. “The title coronation party will be a massive one. It will hold sometimes in the first week of March 2021 after the annual Aje Festival in February. The title for Princess Toyin is like putting a round peg in a round hold. She is sparing no cost to fete all invited guest that day. Those few who will be privileged to attend will never forget in a hurry.”
CMB Real Estate MD, Kelechi Mbagwu, Remanded Over Alleged N25m Fraud
Mr. Kelechi Mbagwu
CMB Real Estate MD, Kelechi Mbagwu, Remanded Over Alleged N25m Fraud
•Being Investigated For Another N2.8bn Fraud, EFCC
Mr. Kelechi Mbagwu, the Managing Director of CMB Building Maintenance and Investment Limited, builder of Pearl Estate, Sangotedo-Ajah, Lagos, has been remanded in the custody of the Economic and Financial Crimes Commission (EFCC), by the Special Offences Court, Ikeja, Lagos.
The court presided over by Justice Sherifat Solebo, ordered the remand of Mr. Kelechi, after he was arraigned before the court on four counts charge of conspiracy, stealing, obtaining by false pretence and fraud.
The EFCC through its prosecutor, Mr. Mohammed Idris, during the arraignment of the defendant on Friday, told the court that Kelechi and his company, had between February 12 and September 14, 2018, conspired among themselves and fraudulently obtained the sum of N25 million, from one Okafor Ameachi Sixtus, under false pretence of selling to him two Residential plots of land in Pearl Garden Estate, Sangotedo.
Idris told the court that upon receiving the mentioned money, Kelechi dishonesty and fraudulently converted it to his personal use, while also failed and refused to give out the plots of land to the fraud victim.
Idris told the court that the offences committed by Kelechi and his company, CMB Building Maintenance Limited, contravened section 411 and punishable under Section 287 (5)(a) of the Criminal Law of Lagos state, 2015. And section 1(3) and 8(a) of Advance Fee Fraud and Other Fraud Related Offences Act No 14 of 2006.
Upon reading of the charge to the defendant, he denied the allegations and pleaded not guilty to all the counts of the charge.
Following the not guilty plea of the defendant, the prosecutor asked the court for a trial date, while also urged the court to remand him in the custody of the Nigerian Correctional Services (NCoS), till the determination of the charges against him.
But the dfendant’s counsel, Mr. R. A. Aladesanmi, pleaded with the court not to remand his client in the custody of the NCoS, but to remand him in the custody of the EFCC, pending when his bail application will filed, argued and determined.
In a bench ruling, Justice Solebo, while adjourning the matter till February 2, 2021, for trial, ordered that the defendant be remanded in the custody of the EFCC.
Speaking on Kelechi’s arraignment, the prosecutor, Mr. Idris, said the charge brought against him on Friday, is just one in many petitions against him, as the commission is still investigating him in another 13 other cases, in which he is alleged to have defrauded several people of about N2.8 Billion.
Part of the charge against the defendant reads”statement of Offence on Count 1:Conspiracy to steal contrary to section 411 and punishable under Section 287 (5)(a) of the Criminal Law of Lagos state, 2015. Particular of offence: Kelechi Mbagwu and CMB Building Maintenance and Investment Ltd, Between 12th February and 14th September, 2018, in Lagos, within the jurisdiction of this Honourable Court, conspired to commit felony to wit: stealing of the cumulative sum of N25, 000, 000.00 (twenty Five million Naira) property of Okafor Ameachi Sixtus.
“Statement of offence on Count 2; stealing contrary to Section 287 (5) (a) of the Criminal Law of Lagos State 2015.Particular of offence, “Kelechi Mbagwu and CMB Building Maintenance And Investment Ltd Between 12th February and 14th September, 20l8 in Logos within the jurisdiction of this Honourable Court with a dishonest intent converted to your own use the cumulative sum of N25, 000, 000. 00 (Twenty Five Million Naira) property of Okafor Ameachi Sixtus.
“Statement of offence count of 4; obtaining money by false pretence contrary to Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006. Particular of offence; Kelechi Mbagwu and CMB Building Maintenance and Investment Limited, between 12th February and 14th September, 2018 In Lagos, within the jurisdiction of this Honourable Court with intent to defraud, obtain the sum of N25,000‚000.00 (Twenty Five Million Naira) by false pretence from Okafor Ameachi Sixtus by falsely representing to him that the two Residential plots of land in Pearl Garden Estate, Sangotedo, Lagos, you gave to him as genuine which representation you knew to be false.
LAND TRANSACTIONS IN LAGOS FULLY GO DIGITAL NEXT YEAR – SANWO-OLU
• Application And Payment For C Of O, Building Plans To Be Done Online
• Governor Addresses Property Investors At LASRERA’s Maiden Real Estate Conference
Beginning from first quarter of next year, all land related transactions in Lagos State will be undertaken online, Governor Babajide Sanwo-Olu disclosed on Wednesday.
The plan, the Governor said, is to further accelerate the process of getting approvals on land matters and create an enduring business-driven property development market in the State.
Sanwo-Olu made the disclosure at the maiden Real Estate Marketplace Conference and Exhibitions organised by Lagos State Real Estate Regulatory Authority (LASRERA), with the theme: “Unearthing real opportunities in Real Estate.”
The Governor said the State’s Department of Lands had built the required capacity for smooth transition to the online platform, stressing that the plan was already in its final stage.
When the web-based platform is finally launched, there will be no need for applicants seeking for Certificates of Occupancy (C of O), survey and building plan approvals to physically submit paper documents for authorisation. All documentation and payments will be done by applicants from the comfort of their homes.
Sanwo-Olu said the new development would bring about quick turnaround time in land transactions and boost private investors’ confidence in provision of home ownership model that will address deficits in housing.
He said: “We have improved on our GIS solution to accelerating land matters in Lagos. From the first quarter of next year, we will be launching an online platform on which all land transactions will be done. When the project kick-starts next year, there will be one-stop shop for all transactions relating to land, including Governor’s approval on CofO, and building approval by Ministry of Physical Planning and Urban Development.
“We have given our commitment on this, because of the need to improve the turnaround time from when people submit their requests for approval and the time the authorisation is completed. We cannot afford to disappoint private investors and applicants seeking real time approval. We are raising our capacity, so that we can respond to the requests and discharge them.”
The Governor charged residents and property developers applying for approvals to stop cutting corners and circumventing the process, stressing that sharp practices would only make it difficult for impatient applicants to get their documents approved.
Sanwo-Olu said his administration was committed to providing mass housing scheme that would address inadequacy in housing, pointing out that the establishment of LASRERA was part of the move to re-build integrity in housing market and gain confidence of private developers working with the Government to realise the State’s housing need.
The Governor also harped on the need for massive regeneration of properties in mainland part of Lagos, charging real estate investors and private developers to divert their investment to rebuilding mainland and redistributing wealth from the business.
He said: “I need to charge the real estate investors that, everybody needs not build in Sangotedo or Ibeju Lekki. Let us go to mainland and start regeneration of the assets in that part of Lagos. This way, we would be redistributing wealth and creating opportunities for our citizens.
Special Adviser to the Governor on Housing, Mrs. Toke Benson-Awoyinka, said the conference was held with an objective to bring stakeholders in property business in contact with relevant Government agencies and address bottlenecks slowing down property transactions.
She said LASRERA was created with a mandate to bridge the gap of credibility in property business, pointing out that the Government responded to the yearnings of industry players, having realised there were genuine real estate practitioners and property developers, as well as genuine home and property seekers who were desirous of credibility in real estate transactions in Lagos.
Benson-Awoyinka said the regulatory agency, since inception, had set processes in motion to change the negative image of property development business and check malpractices which the sector had faced in the last decades.
She said: “As a Government that is determined to bridge the housing deficit in the State, we are aware of our role in not just the provision of houses, but also create an enabling environment for the private sector working hand in hand to a desired end.
“We are making a renewed appeal to investors in the sector to team up with the State Government to create a home ownership model that will help address the deficits observed in housing market in the State our through Public Private Partnership (PPP) initiative in providing mass housing for our people.”
There conference featured exhibitions for home marketing firms, Government and private property developers.
There was also a panel of discussion in which private practitioners, heads of relevant Ministries and agencies provided explanations on housing market can be improved.
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