Lagos High Court to Rule on Disputed ₦152m Oak Homes Documents

The Federal High Court in Lagos has set October 27, 2026, to decide whether four offer letters can be admitted in the trial of property developer Olukayode Olusanya and Oak Homes Ltd over an alleged ₦152 million fraud. The complainant, Engineer Anthony Ugbebor, travelled from the United States to testify that he paid ₦152 million for two second-floor flats, representing 80% of the ₦190 million purchase price. He said construction stalled and discovered the units being marketed to other buyers at much higher prices. Defence counsel Adeleke Agboola (SAN) argued the documents amount to hearsay and should be excluded under the Evidence Act. The prosecution countered that recognised exceptions and Supreme Court rulings allow their admission as directly relevant evidence. After hearing submissions, Justice Musa Kakaki adjourned the matter until October 27 for a ruling on the admissibility of the disputed offer letters.

Use The App To Win ₦1m

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.