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.

Loading

Spread the love
Click to comment

Leave a Reply

Your email address will not be published.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

NCC
ad

You May Also Like

News

A Lagos State High Court, last Thursday, granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland based Energy Trading company,...

News

The Federal High Court, presided over by Honourable Justice Akintayo Aluko, has granted an application by United Bank for Africa (UBA) Plc for substituted...

E-Financial

Federal High Court in Lagos has ruled in favor of United Bank for Africa (UBA) Plc in its long-running N156 billion debt recovery suit...

Sports

Lionel Messi is set to add an unusual distinction to his illustrious career after the University of Buenos Aires (UBA) approved an honorary doctorate...