More details on the frosty relationship between former Lagos State governorship candidate, Babatunde Gbadamosi and his ex wife, Sade Balogun have emerged.
Gbadamosi’s former wife, Sade, who is the CEO of Redbricks Home International Limited, has revealed that his alleged part ownership of Amen Estate, a highbrow estate in Lagos, was a fluke. The woman claimed that Gbadamosi was just ‘a sleeping partner who did not have a single financial commitment in the business’. She added that her former lover had also voluntarily resigned from his position as a director of the company.
According to sources, trouble began in the duo’s relationship when Gbadamosi reportedly married the London based daughter of a top politician, Yinka Balogun, now Yinka Balogun Gbadamosi. While Gbadamosi has been putting out statements warning clients not to do business with Redbricks Homes, his ex wife, Sade has released a statement proving that the politician willingly resigned in the presence of his lawyer and a witness, with proof of his resignation letter available.
According to a press statement released by Red bricks Homes, “Mr Gbadamosi, a full time politician, used to be a sleeping partner and shareholder without any financial investment and was one of the directors of Redbrick Homes International Limited, 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 the company’s board since July 1, 2021.”
Further, the statement reads;
“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 International Limited, a position she has served in since the inception of the company and under her leadership, Redbrick Homes International Limited has continued to deliver quality services to its customers uninterrupted. These facts can easily be verified at
the Corporate Affairs Commission.”
However, the Redbricks Homes stated that it is not unaware that Babatunde Gbadamosi is challenging his voluntary resignation signed in front of two of his counsels, two of the company’s counsels and a notary public, on the grounds that he signed under duress. The company said its team of lawyers from the Babalakin chambers are already working on the case with suit number FHC/L/CS/742/2021 being heard at the Federal High Court, Lagos before Justice A.O Faji.
In the heat of their breakup, Gbadamosi had reportedly accused Sade of infidelity. But those close to the Redbricks Homes CEO say it was the other way round.
“Sade picked Gbadamosi from the oblivion and gave him a bearing through which he could even vie to be governor but he broke her heart and her trust,” a source stated, adding that “It’s so funny that he is the one now accusing her of infidelity when we all know how he ran after women, married and unmarried.”
Another source contended that Sade has been the target of social media attacks from Gbadamosi’s new wife Yinka, for the past six months. “Obviously, Gbadamosi is using Yinka to fight his ex wife. Gbadamosi himself is not talking about any infidelity, it is Yinka who took over another person’s husband who is talking.”
As things are now, it is obvious that the once chummy business relationship between Babatunde Gbadamosi and Sade has broken down irretrievably.
-Biodun Fariogun
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