Ex-Miss Nigeria, Helen Prest, Awarded 50% of Late Hubby’s Assets

Posted on September 8, 2021

A Federal High Court in Lagos on Tuesday declared that a former Miss Nigeria, Helen Prest-Ajayi, is entitled to 50 per cent of the net assets of her late husband, Dr Tosin Ajayi.

Justice Tijjani Ringim gave the ruling in a suit by Miss Tomisin Ajayi and Mrs Helen Prest-Ajayi as 1st and 2nd Applicants, filed through their counsel Mr Abiodun Jellili Owonikoko, (SAN).

The 1st to 4th Respondents/Applicants in the suit are First Foundation Medical Engineering Company Ltd, Registrar-General of the Corporate Affairs Commission (CAC); Mrs Oluwayemisi Ajayi and Mr Patrick Abak, a lawyer.

First Foundation Medical Engineering Company was owned and registered by the late Dr Tosin Ajayi.

The judge granted the 13 reliefs sought by the Applicants following the respondents’ failure to controvert them.

They include that Prest-Ajayi is “entitled to 50% (or so much as the Court may sanction upon audit and valuation) constituting the net assets of the firm, after satisfying all just taxes and debts as family and investment partner of Dr. Tosin Ajayi, from 1996 till 26 April, 2020 to the exclusion of Mrs Oluwayemisi Ajayi.

An order of court directing an investigation into the affairs of the firm by the Registrar-General and for the Registrar-General to call for an extra-ordinary general meeting to appoint additional directors for the firm.

It also includes, among others, an order directing the Registrar-General to audit and verify the firm’s assets, a perpetual injunction restraining the Registrar-General from recognising Mrs Oluwayemisi Ajayi as entitled to run the firm and a perpetual injunction restraining Mrs Oluwayemisi Ajayi from dealing with the assets and properties belonging to the Defendant and/or Late Dr Ajayi.

Justice Ringim held: “Despite the service of processes filed on the the respondents and affidavits of service duly filed in court, the respondents failed to use the opportunity afforded them by law to controvert the averment of the plaintiff in the affidavits.

“However, it is a settled law that evidence not controverted are deemed admitted. In consideration of the applicant’s motion on notice and the affidavits in support and exhibits attached together with the legal submissions of senior counsel for the applicant Jellili Owonikoko SAN, all the reliefs sought in this application is hereby granted as prayed.

“Applicant to file undertaking as to damages in the event it turned out that this order ought not to be made in the circumstances.”

The judge sent the file back to the Admin Judge for assignment, being a vacation matter.

According to the application, Dr Ajayi was a renowned medical doctor, businessman and a philanthropist before his demise on April 26, 2020.

He was married to Oluwayemisi and they had children. But they were separated for 35 years before Tosin’s demise.

In the course of the separation, he married former Miss Nigeria, Helen Prest-Ajayi and they had a child, Tomisin, who lived with Prest-Ajayi until his (Tosin Ajayi’s) demise.

Leave a Reply

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

Latest News

A Federal High Court sitting in Lagos on Friday has ordered the remands of... Continue
Justice Dehinde Dipeolu of the Federal High Court sitting in Lagos has ordered the... Continue
The Distinguished Lawmaker representing Ogun West Senatorial District and Chairman of the Senate Committee... Continue
  Ahead of the 2025 Afrobasket championship scheduled to hold in Abidjan, Cote D’Ivoire... Continue
The World Boxing Federation (WBF) cruiserweight champion, Bashiru Lawrence Ali, OON, has vowed never... Continue
The University of Lagos (UNILAG) sports centre will be agog on Sunday, 27 April... Continue
President Bola Ahmed Tinubu has sent a high-powered delegation to Vatican City to attend... Continue
Mr Suleiman Barau has been appointed as the new Group Chairman, Guaranty Trust Holding... Continue
  The Oyo State Government, in collaboration with the Federal Government, has officially commissioned... Continue
Former Minister of Aviation and public policy advocate, Chief Osita Chidoka, has formally endorsed... Continue

UBA

DANGOTE AD

GLO


Access Bank

Twitter

Sponsored