
February 27, (THEWILL) – Shade Balogun Slams Estranged Husband, Gbadamosi Over Ownership Of Amen Estate, Says He Has No Financial Investment
The tussle over the ownership of Redbrick Homes International Ltd, owners of Amen Estate, has assumed a new dimension.
Recall that THEWILL had reported how Babatunde Gbadamosi, a former Peoples Democratic Party governorship candidate in Lagos state was kicked out of his matrimonial home and Redbrick Jomes Ltd where he was director by his now estranged wife, Shade Balogun after the former found love in the arms of a London based accountant, Yinka Balogun.
While Gbadamosi has continued to insist that he is a part-owner of the estate, Shade claims otherwise.
Gbadamosi challenged his purported resignation as director in Redbricks Home International Limited, the owners of the estate, at the federal high court, Lagos.
He even warned prospective clients to stay clear of the estate as the suit challenging his part ownership of the estate was pending in court.
However, in a statement issued over the weekend, Balogun dismissed the claim, saying “Gbadamosi was nothing more than a mere sleeping partner who did not have a single financial commitment in the business and had voluntarily resigned from his position as a director of the company.”
She insists she is the Chief Executive Officer of Redbricks Home International Limited and described the PDP chieftain as an impostor.
The statement read: “The attention of the Management of Redbrick Homes International Ltd, developers of Amen Estate phase 1, phase 2 and phase 3, has been drawn to certain materials in circulation to the effect that Mr Babatunde Olalere Gbadamosi is associated with Redbrick Homes International Ltd and its real estate projects.
“For the avoidance of doubt, once upon a time, Mr Gbadamosi, a full- time politician, used to be a sleeping partner/shareholder without any financial investment and one of the directors of Redbrick Homes International Ltd, but he has since voluntarily transferred, for consideration, the entirety of his shares in Redbrick Homes International Limited and has also resigned his directorship of its Board since July 1, 2021.
“The board composition, shareholding structure and share capital of Redbrick Homes International Limited has accordingly changed completely.
“Folasade Balogun, (formerly Folasade Gbadamosi) remains the chairman and chief executive officer of Redbrick Homes Intl Ltd, a position she has served in since the inception of the company and under her leadership, Redbrick Homes Intl Ltd has continued to deliver quality service to its customers uninterrupted.
“These facts can easily be verified at the Corporate Affairs Commission.
“However, we are aware that Babatunde is challenging his own voluntary resignation that was signed in front of two of his counsel, two of our counsel and a notary public, on the grounds that he signed under duress.
“Our lawyers, Babalakin & Co are dealing with this. The Suit No is: FHC/L/CS/742/2021 at the Federal High Court, Lagos before Justice A.O Faji.
“For over 12 years, Redbrick Homes International Ltd have been one of the leading and most reliable posh properties provider in Nigeria. Our dedication and commitment to our cause remain unwavering, and you all can be rest assured that your satisfaction and the safety of your properties and investments will never cease to be our topmost priority now and always.
“Our doors are open, and we also reassure you that acquiring lands and properties with us are not only completely safe and risk-free, it is also the choice thing to do.
“We use this opportunity to express our sincere appreciation to all our customers and potential customers for standing by us over the years and wish to reassure them even more, that we would not compromise on our excellent service that they have become accustomed to.”
Ivory Ukonu is a versatile journalist with many years of experience, with entertainment and society reporting as her area of core competence.





