Court takes charge of late billionaire Akindele’s estate amid Will dispute

By Innocent Anaba
The Lagos State High Court has ordered the Lagos State Administrator-General to take over the interim administration of the estate of late billionaire industrialist, Chief Labode Akindele, amid a legal dispute over his Will.
Justice Tanimola Ajorin-Ajose made the order following an application by the deceased’s first son, Mr. Oladipo Akindele, who is challenging the validity of the Will and seeking to prevent the dissipation of his late father’s assets pending the determination of the substantive suit.
Akindele, who was the Parakoyi of Ibadan, died on June 29, 2020, at the age of 88 at his residence in Lagos.
The claimant had sued 16 defendants, comprising the de...