Wealthy billionaire Folasade Balogun and her estranged husband, Babatunde Gbadamosi, a prominent Nigerian businessman, real estate developer, and politician, are caught in a fierce legal battle over the coveted Amen Estate in Lekki, transforming a fairy tale romance into a dramatic saga of betrayal and scandal.
The couple’s fortunes are intricately tied to their joint ventures, such as Redbrick Homes International Ltd, Amen City Ltd, and Ashlead Estates Ltd. Yet, broken promises and unspoken grievances have transformed this once harmonious partnership into a heated struggle for dominance.
Folasade Balogun, the stupendously rich businesswoman, is not mincing words, claiming that Gbadamosi was simply a “sleeping partner” without any financial involvement in their business ventures. Amid escalating tensions, she remains steadfast in restoring her financial standing, branding him an imposter in this tumultuous conflict.
In the midst of this intense legal feud, Babatunde Gbadamosi has made grave allegations against his former wife, accusing her of laundering N2.8 billion of company funds through a clandestine account. He vehemently refutes her assertions and insists that the evidence she provided contradicts the CAVEAT EMPTOR he issued regarding asset dissipation from their 21-year union. Gbadamosi has dismissed her paperwork as “meaningless,” claiming it was procured through deceit and the fraudulent concealment of crucial details during mediation.As the estranged couple, Ms. Sade and Babatunde Gbadamosi, gear up for a prolonged legal battle, the stakes have never been higher in the acrimonious aftermath of their once-romantic relationship. Observers eagerly await the resolution of this turbulent saga involving the real estate tycoons and former business associates.
