Thursday 4 September 2014

How Jesu Oyingbo’s 167 Children Must Share His Property- Court


How Jesu Oyingbo's 167 Children Must Share His Property- Court
Late Pa Immanuel Olufunmilayo Odumosu known as "Jesu Oyingbo" died at the age of 73 in January 1988. An astute businessman, he amassed a vast estate worth billions of naira but he died without leaving a will or a trust. Some of his properties include numbers 7A, 7B, 9, 10,11,13,14,15,17 Emmanuel Street, Maryland, Lagos; 37 Aliu Street via Felicia Ayodeji Street, off Ikorodu Road, Ketu, Lagos; 570/622/624 Ikorodu Road, Ketu, Mile 12, Lagos. It's also believed that he left properties and funds in the UK.

When Pa Odumosu died, there was a legal battle between his children and his disciples over the control of the vast estate and businesses. In 1997, the children won and the disciples who were resident in Pa Odumosu's Maryland spiritual enclave in Lagos were evicted.


Then the first 3 sons who were administrators of the estate were accused of mismanagement; 2 of them died whilst the 3rd went into permanent exile. As there was no administrator, there was further disrepute with different factions of beneficiaries laying claim to assets where necessary. While some enjoyed tremendous wealth, some lived in penury. After more than 20 years, an action was instituted in 2009 by a few of Pa Odumosu's children led by Princess Adeyinka Odumosu Emmanuel at the Probate Registrar of the Ikeja High Court; the Administrator General & Public Trustee, Lagos State and joining 24 other children as co-defendants.
Going by the suit filed, the purported Letter of Administration was defective as most of the children were excluded while there were allegations of mismanagement of the estate by the executors and other factions of the beneficiaries. On record there are a total of 167 children allegedly fathered by late Pa Odumosu.  As the case dragged, there were negotiations for settlement by counsels and family elders and in the end, they agreed that all the children are entitled to benefit equally and individually from the estate on the basis of 'Ori O Jori'(equal rights per child) principle of distribution.

On 18th June 2014, Justice Ronke Harrison of the Probate division of the Ikeja High Court ruled that all 167 children are entitled to share in the vast estate as beneficiaries in equal proportion. According to the ruling, "The court also granted a consequential order that the properties comprising the estate of Pa Olufunmilayo Odumosu (deceased) be taken over immediately by UBA Capital PLC and they should be assisted in all regards by the Nigerian Police Force to ensure adequate control and administration by UBA Capital PLC.


Source: City People

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"We are going to find Yakubu, perhaps we can get some milk from the masters' kitchen," Tanko said. He was the son of the strongest wrestler in Dogongari. His father was tall and hefty and threw any contester to the ground. Tanko's father was well respected for his strength and the man was a very gentle and humble man but Tanko was the opposite of his father. He was weak, troublesome and very mischievous. Had he not had a striking facial resemblance with his father, as well as his height, his paternity would have been in doubt. Bawa was the son of the village tobacco merchant. His father was short and fat and very tricky. He had a reputation for cheating people. He was also a money lender who demanded very high interest. Bawa was a replica of his father in every way, in appearance and character except that Bawa was more considerate. He could take pity on others itcr hoodwinking them. Garba did not like him much "Really?" Sule asked. "I hope it will be all right if I go with you." "You don't have to," Bawa said. "You know if he takes more than expected, the master would know he took his milk." "It's not bad if we shared whatever Yakubu gives us with our fellows," Tanko said. "Garba can even get from it," Sule said. Bawa made a face. "Look at you, Sule, you have......



TO BE CONTINUED TOMORROW....PLEASE VISIT OUR BLOG AGAIN TOMORROW FOR A CONTINUATION OF THIS AMAZING STORY!}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}

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