EFCC begins investigation on late Sir Alakija’s property in Lagos

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The Economic Financial Crimes Commission (EFCC) has launched an investigation into the property of the late Sir Adeyemo Alakija over the undated Vesting Deed allegedly made by two executors of his will.

The investigation of the property located at No 10 Keffi Street, South West, Ikoyi, Lagos, follows a petition to the commission by two of the grandchildren of Alakija.

The undated Vesting Deed was prepared by Messers O. Akindeko registered at the Federal Land Registry, Ikoyi, and made over his property at Lagos.

A family source said the petition dated November 28, 2022, was filed by Ms Modupe Alakija and Ms Oreoluwa Alakija, children of the first twin son of late Sir Alakija, Taiwo Alakija, who is also deceased.

In the petition, the duo claimed that the property is a family property and does not belong solely to Mr Alaba Alakija, who is claiming that by the undated Vesting Deed, he is the sole owner of the property.

Also, they claimed that the registered undated Vesting Deed in the name of two deceased executors of the Will of the late Sir Alakija is a forged document.

Alaba Alakija, to whom the property was allegedly vested to, was invited by the EFCC for questioning at the time he put up the property for sale or lease.

The crime commission has, however, marked the property under investigation to prevent any incident that would affect theinvestigation.

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