Connect with us

    Hi, what are you looking for?

    News

    Lagos Gov’t Seals Off Elumelu’s Heirs Holdings Office Over Structural Defects

    Heirs Holdings Office
    Heirs Holdings Office

    Lagos State Building Control Agency (LASBCA) has sealed off a seven-floor building housing Heirs Holdings and the United Bank for Africa (UBA) in the Victoria Island area of Lagos State, according to Foundation for Investigative Journalism (FIJ) report.

    In a statement posted on its website today, LASBCA stated that the building was exhibiting signs of structural failure.

    Arc. Gbolahan Owodunni Oki, the agency’s general manager, said the building “is suspected to be exhibiting signs of structural failure as preliminary investigations revealed that some floor tiles on the fourth floor have popped off along the expansion joints of the building”.

    Oki further said that the developer had attempted to cover the obvious defects in some parts of the building without carrying out a proper investigation.

    “An on-the-spot assessment of the building further revealed that in an attempt to cover up the suspected structural defects of the building, the developer had already started renovation/remodelling works without carrying out proper tests to ascertain the cause of the defects, hence the evacuation and seal-off order on the building pending further investigation.”

    He credited the agency’s awareness of the situation to a whistleblower.

    Heirs Holdings is an investment firm owned by Tony Elumelu, the chairman of UBA.

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    The Enugu State Government has accused Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, of defrauding the state of N5.7 billion paid for the...

    E-Financial

    The Bank of Ghana (BoG) has announced the suspension of the foreign exchange trading licence of United Bank for Africa (UBA) Ghana, effective September...

    E-Financial

    The Bank of Ghana (BoG) has suspended the remittance partnerships of several fintech companies including Flutterwave, Tap Tap Send, and others for a period...

    Broadcasting

    Gauteng High Court, Johannesburg, has awarded damages of more than R2.6 million to the girlfriend of a Nigerian citizen who was suffocated to d3ath...