Sunday, December 5, 2021

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I’ve declared all my assets – Osinbajo denies ownership of collapsed Ikoyi building

Vice-President, Prof Yemi Osinbajo has denied the report that he owns the land upon which the collapsed 21-storey building was built.

The luxury high-rise building along Gerard Road, Ikoyi, collapsed on Monday afternoon with many people trapped in the rubble.

After the collapse, the structural integrity and the approval for the 21-storey building became a subject of public scrutiny with about 36 persons reportedly killed.

On Thursday, an online news platform reported that Osinbajo bought the land in which the collapsed building was built from Michael Ade Ojo, founder of Elizade Motors.

Reacting to the report, the vice-president, in a statement by Laolu Akande, his media aide, on Friday, said there was no time he bought any land from Ade Ojo or anyone else.

The vice-president said he has publicly declared all his assets, adding that he never acted to influence any regulatory body on the collapsed building.

“Let it be made absolutely clear that Prof. Yemi Osinbajo does not own and has never owned the said land,” the statement reads.

“He has also never been involved, in any shape or form, in the development of this or any other land since he became vice-president.

“At no time whatsoever did the VP buy this or any other piece of land from Chief Michael Ade Ojo, or entered into any transaction for the sale of that land or any other piece of land from Chief Ade Ojo or anyone for that matter.

“All property and assets owned by the vice-president have been publicly declared.

”Also, the vice-president has never spoken to the Governor of Lagos State or any other official of the state government regarding the unsealing of the said building on Gerrard Road, Ikoyi, which subsequently collapsed.

“The vice-president restates categorically that he has no interest whatsoever, and has never had any interest, either legally or beneficially, in the land, the building or development.

“The vice-president has referred this disgraceful publication to his lawyers for prompt legal action.”

On Thursday evening, the body of Femi Osibona, owner of Fourscore Homes and developer of the collapsed building, was recovered from the rubble.

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