Union Homes’ Former Secretary Petitions Police, Central Bank, Accuses Aso Savings Of Diverting N2.5Billion Lagos Government CompensationChionuma, who disclosed this in petitions sent to the Central Bank of Nigeria and the Nigeria Police Force, said that N2.5 billion was judgement debt paid by the Lagos State Government as compensation to Union Homes Plc, Searaq Nigeria Ltd and the Abule Ado Plumbing Materials Association.
Speaking to SaharaReporters concerning the development, Chionuma, Secretary of Union Homes Savings and Loans, said she wrote the petitions following threats to her life for refusing to accede to the transaction. It was learnt that Aso Savings and Loans and Union Homes worked on a merger with Aso Savings Plc as the senior partner. However, the merger is yet to be concluded.
He noted that the solicitors stated,"It was shocking to learn that N1bn was paid to a non-party, Aso Savings and Loans Plc, on December 30, 2022 as compensation in full and final settlement of Suit BD/20/2013. This payment only came to light when Lands Bureau officials requested that we invite officers of Aso Savings & Loans Plc, a non-party, to sign a bond/indemnity for sums received.”He added that the Lagos State Government further paid N1.
Adewoye confirmed receipt of the total sum of N2.5 billion as compensation paid by the Lagos State Government, and further instructed the handling solicitors to"kindly proceed to enter terms of settlement to conclude the matter effectively”.However, instead of concluding the matter, Mrs Chionuma said officials of Aso Savings and Loans Plc sought to blackmail her into acknowledging receipt of the N2.5 billion which was not received by Union Homes.
"However, I responded to the petition and visited the DSS and the Force Headquarters, and I told them my side of the story, and I was discharged."