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Lagos Judge who earns N660k per month buys N1.2billion flat in Dubai | Theinfong

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Lagos Judge who earns N660k per month buys N1.2billion flat in Dubai | Theinfong


Adedayo Adeola Akintoye, a decide within the prison division of Lagos State Excessive Court docket, has procured a luxurious residence value thousands and thousands of {dollars} contained in the world-famous Burj Khalifa in Dubai. Data obtained from Peoples Gazette confirmed, though she earns roughly $1,700 (Approx. N660,000) monthly in salaries and allowances.

Mrs. Akintoye, aged 63, a well-recognized persona throughout Lagos judiciary, secured the deluxe three-bed residence on the 64th Ground of the Khalifa Tower — broadly generally known as the tallest constructing on the planet and one of the crucial costly actual estates round.

Data of the property obtained by the Gazette’s reporters confirmed that Mrs. Akintoye bought the property utilizing her Nigerian passport quantity A028149** with an expiry date between march 17, 2011, and March 16, 2016. Her date of beginning of January 31, 1958, was additionally on file because the sole proprietor of the luxurious residence.

A comparative value of comparable properties within the identical Burj Khalifa constructing prices 11,984,888 United Arab Emirates Dirham or $3.2 million or N1.2 billion.

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Mrs. Akintoye’s discreet possession of lodging contained in the Burj Khalifa, an ultra-luxury skyscraper overlooking the priciest part of Dubai, displays a meshing of civil service and luxurious life now more and more seen amongst authorities officers in Nigeria regardless of the federal government’s supposed stance towards corruption.

Blantant Denial

Reached by Individuals’s Gazette for clarification on how a serving excessive court docket decide might afford a luxurious residence on the Burj Khalifa, Mrs. Akintoye’s husband swiftly assumed the position of her spokesperson.

“Mrs. Akintoye just isn’t the proprietor of a property in Dubai however a joint proprietor with me,” Mr. Akindele Akintoye stated. “I purchased the property in our joint names and the information in Dubai will verify this.”

When reminded that his identify couldn’t be discovered wherever on the report as a co-owner of the property, together with information of Emaar Properties, which owns Burj Khalifa, Mr. Akintoye stated: “It might curiosity you to know that the property was purchased by us earlier than Mrs. Akintoye grew to become a decide.”
The Gazette’s findings, nevertheless, confirmed that Mrs. Akintoye, a former registrar of lands in Lagos was a Justice of the Peace earlier than former Governor Tunde Fashola elevated her to Lagos State Excessive Court docket in 2014.

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Particulars of her passport connected to information of her Burj Khalifa residence, which was dated between 2011 and 2016, invariably show that the property was acquired both whereas she was a Justice of the Peace or after turning into a senior decide.

When informed that it was within the public curiosity to grasp how a Justice of the Peace or a decide was in a position to purchase a property value thousands and thousands of {dollars}, Mr. Akintoye backtracked on his earlier admittance, saying this time that the property wasn’t inside Burj Khalifa.

“We personal a property elsewhere,” Mr. Akintoye, a lawyer, stated with out elaborating on the place the property he claimed he purchased collectively together with his spouse was positioned in Dubai.

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He additionally repeatedly declined feedback on how a lot was paid for the residence, insisting that “the property doesn’t value many {dollars}.”
However a comparative value of comparable properties throughout the identical Burj Khalifa constructing prices 11,984,888 United Arab Emirates Dirham ($3.2 million), based on foremost UAE actual property supplier Property Finder.

The official remuneration packages of state excessive court docket judges (official wage and allowances) are detailed under:

Annual primary wage — N1,804,740
Automobile upkeep/gas — N1,353,555
Private assistant — N451,185
Hardship — N902,370
Home Workers — N1,353,555
Leisure — N812,133
Utilities — N541,422
Outfit — N451,185
Newspaper — N270,711.

This leaves an annual whole of N7,940,856, to be paid as N661,738 monthly. From Mrs. Akintoye’s yearly wages, it should take her 156 years to buy her Burj Khalifa luxurious residence.

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