NICON Trustees denies demolishing octogenarian’s property

Dr Albert Ndulue

The Receiver Manager of NICON Trustees limited, Abah Onah, has denied the allegation of the demolition of Dr. Albert Ndulue’s property.

According to him, the allegation against NICON is false, cheap propaganda, libelous and a blackmail.

Recall that the retired gynecologist, Ndulue had demanded N1billion compensation from NICON Trustees limited and its receiver/manager, Mr Abah Onah, following alleged vandalisation of his property by some hoodlums.

He explained that after land had been allocated to him at plot 8, Block 24, Alma Estate, Lekki, Eti-Osa, Lagos and that the court had ruled in his favour but NICON and its receiver manager kept coming to the property with some tugs to vandalise it.

But Onah in a statement yesterday said it is blatant falsehood that Ndulue came on to the parcel of land in 1991, began to lay claim to the land through some phony arrangement vide and an invalid Deed of Assignment entered between him and the debtor company (Alama Beach Estate Limited) dated March 5, 2006 and a purported Survey plan dated October 18, 2006, long after the Receiver had taken over the charged assets in 2002.

“Ndulue and his co land grabbers began to lay claim to the charged assets between 2003 and 2016 when their predecessor in title the debtor company held down the Receivership in litigation for 13 years by court action which was eventually resolved in favour of the Receiver in Appeal No. CA/L/365/2004 in 2016. Ndulue would rather not mention such a landmark judgment because it would puncture his sickening lies.

READ MORE: Octogenarian demands N1bn compensation for vandalised property

“Armed with the said Court of Appeal judgment, the Receiver got a Federal High Court Order in 2017 in FHC/ CS/L/1242/2017 which was executed and the entire charged plots of Land including that piece being claimed by Ndulue was recovered by the Deputy Sheriff of the Federal High Court in November 13th, 2017 and the Receiver was put in possession. It is important to state here that on November 13, 2017 when the land was handed to me, the Receiver, it was a vacant land without any development thereon.

“Ndulue in his vile appeal to pity did not tell the public that he and his co land grabbers challenged the take-over by the Receiver in court and lost the challenge by a Ruling dated January 9, 2018 in Suit No. FHC/ CS/L/1242/2017,” explained.

Onah further explained that after the particular parcel of land was sold by the Receiver and the owner/purchaser had built a one storey building on the land, Ndulue and his son, Chike Ndulue with thugs attacked the building in the dead of the night in 2019 and demolished the completed one storey structure.

“Ndulue, his lawyer Enoch Aguocha and his said son began to employ devious means to seize the land and ended up filing a suit at the High Court in Suit No. LD/2767/GCMW/2018 against the Receiver for declaration of title. This matter raged in court for five years within which Ndulue found confidence to grab the asset and began to deal adversely with it. Again, in accordance with the law, in 2023, the Court ruled against Ndulue,” Onah said.

He noted that the Police are on his trail to bring him and his cohorts to book.
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