The Board of Trustees (BoT) and Executive Committee members of the 1004 Estate Home Owners and Residents Association (HORA), Victoria Island Lagos, have threatened to seek legal action against all those behind the current video making the rounds on social media on the current state of the Estate with defamatory contents on the management of the Estate
In a statement issued by the Legal Officer of HORA, Barrister Femi Gbenle and made available to Daily Independent, the group said “our lawyers have been briefed to act on the clearly libelous attack on members of the BoT, Exco and other homeowners who have been defamed in that video and other false and negative publications.”
While thanking those who have reached out to them with questions and concerns as well as with words of support and encouragement, the HORA BoT posited that much of the claims in the video ” are more than a mix of falsehood layered with half truths, as the content did not reflect the current state of the Estate. “
Last week, officials of the 1004 Estate Community Development Association (CDA) led by Matthew Ibadin at a press conference made some allegations bordering on financial impropriety in the region of N8billion against HORA officials.
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According to HORA BoT in the statement, “we state unequivocally that there is no N5billion or any other falsely quoted sum in 1004 Estates that has been mismanaged or misappropriated. The key purveyors of these false claims are well known in the Estate for several infractions which include non payment of rent service charge and theft of electricity.”
Describing members of the BoT and Exco of HORA as well as the various committees as professionals who volunteered to serve the Estate pro bono and derive no pecuniary benefit, the statement said “anyone with contrary claim, should not stop at making cheap mobile videos but publish their evidence.”
The BoT affirmed that the current Exco is headed by Barrister Lara Ademola who only became Acting Chairman in March 2020 and that general meetings of the Estate residents are held twice a year in line with the provision of the 1004 HORA constitution to give updates including financial reports to Homeowners and Residents and also receive feedback.”
Giving account of how services in the Estate are run from the service charges collected yearly, the BoT said for the year 2020 the budgeted service charge is N626,000 per flat and for 2019, it was N546,000. It is pertinent to say that as at September 20, 2020 collection rate for the full 2019 service charge was 85%while for the current 2020 only 40% of the apartment in the Estate have fully paid while 45% have paid half as at the same date.”
It further stated that the management of the Estate provides “a suite of services, using professional service providers and these include 24 hours power supply, water treatment and supply, security, cleaning and gardening, waste (including sewage) collection and disposal, elevators, club houses, maintenance of common areas and recreational facilities.”
Source: Independent
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