The Economic and Financial Crimes Commission (EFCC) may soon swoop on the management of Solid Homes Limited to investigate cases of unconcluded home ownership transactions it undertook with some subscribers.
LEADERSHIP gathered that their involvement was based on a petition by one Adeola Olunloyo , an aggrieved subscriber who wrote to the EFCC and the police seeking their intervention in the transaction that had gone sour.
In the petition obtained by our correspondent written by the firm of Banwo & Igbokwe, counsel to Olunloyo, it was stated that Olunloyo had on July 2008, 28, applied to Solid Homes for the purchase of a 2-bedroom flat located at Kabusa Gardens Estate Dakwo District, Abuja valued at the sum of N5.5million.
The solicitors in the petition claimed that based on that agreement, Olunloyo on September 3, 2008, made a deposit of the sum of N2million being a part-payment for the flat leaving a balance sum of N3.5million.
The petition signed by Anthony Aregbe, for the law firm stated that Olunloyo paid the part-sum with an understanding with Solid Homes that she would be away for a year and upon her return in September 2009, she would pay the outstanding balance in three installments.
She was said to have sealed this mutual agreement with the office manager of Solid Homes Limited, Mr. Tony Ehikioya Okomwa, at that time .
The law firm revealed that when Olunloyo returned in September 2009 to make the payment of her outstanding as agreed, the firm said she was told that Solid Homes had jerked the price of the said property from the agreed sum of N5.5million to N9.5million and that the subscriber would have to pay the said amount.
The disparity between the claimed agreed price and the eventual value of the property has been a knotty issue for both sides to crack, making Olunloyo to demand that the realtor allows her to balance the agreed purchase price or in the alternative, the developer refunds her deposited funds with 10 per cent interest within weeks.