A Federal High Court in Lagos has admitted an offer letter as evidence in the ongoing N152 million property fraud trial of Olukayode Olusanya and his firm, Oak Homes. The trial, which began earlier this year, has seen the defendants accused of defrauding several buyers of their funds under the pretense of selling luxury homes. According to Punch Newspapers, the offer letter, which is crucial to the case, was admitted by the court on October 29, 2026. However, details about the specific offer and the recipient have not been disclosed. The trial is still ongoing, and it remains to be seen whether this evidence will lead to a conviction. This development underscores the importance of due diligence when investing in real estate, particularly in the face of growing instances of property fraud in Nigeria.
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