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Late Ibru’s Sixteen Children In Property, Paternity Battle

Sixteen of the children of frontline businessman, the late Chief Olorogun Michael Ibru, are embroiled in a legal tussle over their paternity and his multi-billion naira assets.

This is as 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, however, one of the deceased’s daughters, Janet Ibru, prayed 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 on 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 is also asking 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.

The audit, was also prayed, to be conducted on anywhere such assets 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 to be borne by the administrators so appointed herein.

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