Founder of Elizade Motors Michael Ade-Ojo has debunked a report that he the land of the collapsed Ikoyi building to Vice President Yemi Osinbajo.
Mr. Ade-Ojo said this in a statement he personally signed on Thursday in reaction to a story published in Sahara Reporter.
The 83-year-old business magnate, however, stated that the property adjacent to the collapsed building is owned by him and that he does not plan to sell it.
His statement read: “It has come to my attention that a publication by the online news website, Sahara Reporters is in circulation, claiming that I owned the land on which the high-rise building in Ikoyi that collapsed earlier this week was built.
“The story titled ‘Photo Proof: Osinbajo bought the Ikoyi collapsed building’ published on November 4, 2021, also claimed that I sold the land to the Vice President, Prof. Yemi Osinbajo shortly after he became vice president.
“Both claims are outright falsehoods. I hereby state that I do not own and never held title to the said property.
“In addition, I did not sell any property to the vice president at any time whatsoever.
“To be clear, I own a property next to the said building, which I have not sold and do not intend to sell to anyone.”
Vice President Osinbajo has also distanced himself from the building which collapsed on Gerrard Road on Monday, describing the report by Sahara Reporter as disgraceful.
