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Late Michael Ibru’s Children in Paternity Battle over Sharing of Estate

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Michael Ibru

Five months after Olorogun Michael Ibru‘s death, sixteen of his children have filed suits and countersuits over the sharing of his multi-billion Naira estate.

Ibru, one of Nigeria’s prominent businessmen died on September 6th 2016. He was aged 86.

According to The Nation, one of his sons, Oboden Ibru, has approached the Igbosere High Court, Lagos, for a declaration, among others, that he and his 15 siblings are entitled to the estate of their father.

Oboden’s suit was filed on February 8 by Bolaji Ayorinde (SAN) but has not been assigned to a Judge.

The defendants are Oskar Ibru, Peter Ibru, Emmanuel Ibru, Gloria Ibru, Elaine Ibru-Mukoro, Elvina Ibru, Mamemo Ibru, Janet Ibru, Obaro Ibru, Vivi Ibru-Stankov, Edesiri Ibru, Christiana Ibru, Jero Ibru, Vikwesiri Ibru, Gabriel Ibru and the Probate Registrar, High Court of Lagos State.

The claimant is seeking an order declaring that a Memorandum of Understanding (MOU) of January 2, 2001 is valid as to the distribution by way of gift of the late Ibru’s assets to both “Ovuone” and “Ivetu”.

He asked the court to declare that the properties listed in the MoU belong, in their entirety to “Ovuone” being gifted jointly and several times to “Ovuone” in the lifetime of the late Ibru.

Such properties include No. 1, Marine Road, Apapa, Lagos; 47, Marine Road, Apapa; 49, Marine Road, Apapa; 52, Marine Road, Apapa; 5,7,9 Emotan Road, Apapa; 3,5,7 Ladipo Oluwole, Apapa; Daska House; Blomfield Court; 33, Michael Ibru Boulevard; 6, Louis Solomon Close, Victoria Island, Lagos and 5/7, Queens Barracks Road, Lagos.

Others are No. 20, Queens Drive, Ikoyi, Lagos; 6, Kensington Park Gardens, London; Starcross Farm; Hillcrest Apartment; Zabadne Plot, Abuja; Maitama Plots, Abuja; Maroko Plots, Lagos; 7, Randle Close, Apapa, Lagos; all shares in Oceanic Bank; Oteri Holdings Limited’s shares in Minet Nigeria Limited; Oteri’s shares in Ibachem and the portion of Ibafon land occupied by Ibachem and Ovwian land.

Oboden wants the court to declare that an April 17, 2014 judgment delivered by Justice John Tsoho of the Federal High Court, Lagos remains valid and subsisting, having not been set aside by any court of competent jurisdiction.

Oboden is also seeking for an order to appoint himself, 7th defendant, Christiana, 1st defendant, Oskar and 8th defendant, Jero, as administrators of the Ibru estate and an order directing them to apply to the 16th defendant for the grant of letters of administration for the estate.

He is also seeking an order of the court appointing PricewaterhouseCoopers Limited to conduct a forensic audit of the shareholdings and assets, whether real or personal, belonging to the estate of the late Ibru in Oteri Holdings and any other company in Nigeria or anywhere such may be located, discovered or found in the world and submit such report to the Registrar of the court within 90 days of the order and the cost of such exercise be paid by the administrators so appointed herein.

The claimant is seeking an order directing the administrators to divide the assets into 16 equal shares and that same be given to all the 16 surviving children of the late Ibru.

In a counter-claim, one of the late Ibru’s daughters, Janet Ibru, urged the court to declare that only persons whose paternity are confirmed by a diagnostics centre in the United States are entitled to an equal share of the estate.

In Janet’s countersuit, she urged the court to declare that all matters pertaining to the estate be adjudicated in Nigeria as well as a declaration that she is entitled to a refund of all expenses, including the $48,000 incurred by her in defending the lawsuits of the second defendant.

She is also seeking an order of the court directing the administrators of the estate of the late Ibru to refund to her, the expenses incurred in taking care of the late Ibru during the final year of his life.

 

28 Comments

  1. tem

    February 20, 2017 at 3:46 pm

    Consequence of a polygamous home!

  2. Ify

    February 20, 2017 at 3:56 pm

    See properties. See children. This man really lived. Lol

  3. Gold

    February 20, 2017 at 3:59 pm

    What happened to his lawyer? A man of that caliber should have a lawyer and a will.

  4. Deb

    February 20, 2017 at 4:01 pm

    I will like to be on this matter. Im jealous of all lawyers involved in this matter. Its going to add another feather to their hat. For the first time im jealous. Anyways I pray they get the matters resolved amicably. In this case a DNA test is not inappropriate.

  5. EC

    February 20, 2017 at 4:03 pm

    Nigerian men been using their love for women and pe*** to destroy lives. 16 kids. All that property and sense. Yet no legal documents protecting his money and how it would be shared

    • Ibru family wannabe

      February 20, 2017 at 4:53 pm

      You are wrong.,.he was an educated man but soo much drama from the wives and some kids and grandkids caused all these lawsuits.

      i love what Olorogun did for his people tho. He sole handedly developed agbara in delta state. Its like a mini london. Lol!!! Dem vet golf course with lake, nature preserve, ati bebe lo

    • kwinny

      February 21, 2017 at 3:31 pm

      lmao! which agbara? Agbara-Otor?? You must be joking or it must be in his compound. LMAO!!!!

  6. caramel chic

    February 20, 2017 at 4:28 pm

    Ladies and Gentlemen if you are Nigerian and have been living in the abode since you left for University. Only visit Nigerian every Christmas and try to not ask pops to much questions about his business as you don’t really want to be involved. I urge you to gather your siblings together and urge your parents to write and set up their will or trust fund. In addition ensure they have video recordings and written statements regarding their will for what they want when they die. If they try to give you trouble tell them you are not calling them until it is sorted out. You are not asking to see the details, just for them to sort it out.

    Two years ago my Father turned sixty. He wanted a party. Myself and my siblings found out he didn’t even a Will. What kind of nonsense is that? Shock horror for us all. We refused to plan a party for him. Unless he did. It took this Man three months to create a Trust fund. He actually didn’t understand what a Trust fund was. He only knew about Wills.. Please, my dad doesn’t have cash lying in the bank he isn’t popping champagne at the Raddison .In fact he stopped giving us all money at the age of 23 and there is a family rule everyone has to move out the family house by 25 girls and boys (my dad don’t play). and tells you to not come back. (Literally you can’t even stay the night in the family house unless it’s Easter or Christmas. The guy has many assets. which he hustled for. We are a family of five including two adopted brothers. So could you imagine the uproar if something was to happen to my father and these extra curriculum aunties and uncles want to get involved.Also for our mother as we all live in the Abode. Guys lets not repeat generational stupidity. There is no need for it. Pops dropped it that the trust fund have been stipulated into cash payments to be shared equally into grandchildren education. Only one house is to be used as a FAMILY HOME for us all to share. The rest is to be rented and managed by external companies and money put into trust fund. My parents are not rich people. I’m writing this to encourage us, Too many broken families over money. I just seriously want our generation to do so much better. Our future generation needs it, GET THE PARENTS TO SIGN A FREAKING WILL!!!!!!!!!

    1
    • K

      February 20, 2017 at 9:49 pm

      Please could you recommend a good trust fund manager?

    • caramel chic

      February 20, 2017 at 11:24 pm

      Hi dear, if your lawyer cannot suggest any that he works directly with. I would suggest First Bank. They are really good.

    • Anonymous

      February 21, 2017 at 2:59 pm

      I think it’s better to give what you want to give to your children while you are still alive. Cuz some of these lawyers and trustees are not to be trusted. For example, almost 20 years after the death of Lord Rumens of Lord Rumens road, Ikoyi his children are still fighting their late fathers Trustees over his property/will. It’s a pity.

  7. B

    February 20, 2017 at 4:43 pm

    BN come on! This is a horrible picture of him! i’m pretty sure you can look for a more befitting one!

  8. .....just saying

    February 20, 2017 at 4:51 pm

    Men, men, men, marry one wife, una no go gree, keep your stick in your pants so you don’t have illegitimate children, Mba. See the legacy you have left behind, thanks to indiscipline. Hian.

    • Nuna

      February 21, 2017 at 8:26 am

      I guess you dont know children of one wife can still go to battle because of properties

    • IYA DUDU

      February 21, 2017 at 4:07 pm

      abi o….they do…… i know of a family like that…..five of them from same mum…….. the fight no be here o

  9. BLESSSED BEYOND MEASURE

    February 20, 2017 at 4:53 pm

    THE REASON WE SHOULD STAY MARRIED TO ONLY ONE WIFE AND ONE ONLY. NO MATTER YOUR SOCIETAL OR FINANCIAL STATUS….”restinpeacesir#”

  10. Iyayayo

    February 20, 2017 at 5:28 pm

    As I see it, Oboden is trying to do the right thing here- have the properties shared among all 16 children recognised by the late Ibru. It’s Madam Janet that is trying to be selfish by asking that the properties be shared by only those children confirmed by DNA testing and also that she be refunded all the money she spent taking care of her father in his last years. What kind of child asks for a refund of the money spent taking care of her own father?

    • Baymax

      February 20, 2017 at 7:20 pm

      and why shouldn’t Janet stipulate that only legitimate children proven by DNA be given their share of his properties? Does he have adopted children that he knows of?

      Abeg prove by DNA that they are his children because i can imagine greedy women among his wives/mistresses who would go and get pregnant for another man and claim the child(ren) is for Olorogun so that they can have a share of his wealth.

      Besides, i see nothing wrong with her asking for a refund of how much she spent taking care oof their father. Where were the others when he was sick? Why did they not contribute to care of him? Now he is dead and they all want equal share of his wealth.

      On a serious note, men and women, WRITE A WILL. Especially when you have dependants. It does not mean bad luck.

    • blackbeatle

      February 20, 2017 at 8:16 pm

      @baymax…Also Kids Should Go and Work and stop waiting for daddys will to fight over

    • ono

      February 21, 2017 at 5:00 am

      @ Baymax, if she was taking care of her father and not herself, am very sure she will be using the man’s money to take care of him and be getting some extra cash for her bank accounts self, because her father is not a poor man and does not need any of his kids to contribute money for his up keep. The kids are the ones that need his money, Janet must have had too much free time at her hands thats why she was given the responsibility to overlook the care for her father……..

    • tunmi

      February 20, 2017 at 7:54 pm

      care is expensive whether adult or child.

  11. Joke

    February 20, 2017 at 6:00 pm

    Na wah oh. Didn’t know he had that many kids. Jesus! Men sha! They will see trouble and plunge into it. Is Oboden is trying to do the right thing really? Let DNA testing blow the whole thing open. It’s not news that women will bring any pregnancy to a rich man.

  12. Anon

    February 20, 2017 at 6:27 pm

    This also happens in monogamous families. One that is out there and I will mention is Rotimi Williams’ sons. They are all from the same womb and the men are all fighting. I know so many others I won’t mention.

    Oboden doing the right thing? Hmm!

  13. bafe

    February 20, 2017 at 7:27 pm

    No. It is not about having one wife. It is about greed. The great Nigerian lawyer,Rotimi Williams had his kids from only one wife, yet the children and the grandchildren are still fighting themselves in court over properties.

  14. Hmmm

    February 21, 2017 at 12:33 am

    At the end of this DNA test, he may end up having 6 biological children and ten… We all know how SOME women desperately hang their pregnancy on rich men just to get a share of the cake. Lol
    But come to think of it, I have 18 siblings and I don’t even know if my dad has a will or not. Time to start asking serious questions

  15. o

    February 21, 2017 at 2:11 am

    But if olorogun accepted all 16 kids during his lifetime, why do DNA again?? It’s very possible that had DNA testing been done when he was alive and some kids not his, he may have decided to keep on playing father to them. Parenting is more than blood atimes. Some ppl have found out and said it didn’t matter to them. The bond of how many years can’t just be broken. If he accepted them all in his lifetime, that should count for something.

    Also not about polygamy. See children from same parents fighting and killing themselves over property. To me it’s just greed eg FRA Williams. All his kids are rich in their own right but would rather fight themselves in court over their father’s properties. No shame

  16. Obi

    February 21, 2017 at 4:12 am

    18 siblings??? tears….

  17. kwinny

    February 21, 2017 at 3:39 pm

    has anyone tried hustling for your own and not looking forward to daddy’s property. If e reach me, I collect. if not, ba wahala. are his children not working or earning their own coins??? wahala dey oh. Trust fund is good anyway, but landed properties and external management and lawyers…hmmmm, the mouths to feed don dey many. Anyhoo, which one be my own? I have taken a lesson or two from this story anyway.

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