Peller and Ochacho’s ₦400m Property Drama: What You Need to Know About the Power of Attorney
I need you to pay Attention to this.
Take a look at the photo below And you will see where Mr Ochacho gave Peller the Documents to the Building of 400M he pr0mised Peller.
Now, zoom the photo and see the name of the Document, you will see POWER OF ATTORNEY
That Power of Attorney is the reason for our discussion today.
You see that Power of Attorney Peller is holding ehn.
Under Nigerian law, Peller did not get legal ownership of any building as promised by Mr Ochacho.
Power of Attorney is just a document that gives authority to Peller to act on behalf of Mr Ochacho concerning the said Building or Property and Mr Ochacho can withdraw such power at any time he wish without Peller's consent or Approval.
And if Mr Ochacho kpai today, the document becomes invalid immediately (revoked)
That document doesn't transfer ownership of Land under Nigeria law.
If it was Irrevocable power of Attorney, it would be better than just Power of Attorney
I am creating this awareness so you don't see this their template as a bechmark for what is legal for Property transfer in Nigeria.
Peller and Mr Ochacho are probably creating content with the whole thing before somebody will say what is Atanda saying.
Rich man dey talk
Atanda sef dey talk
🤣🤣🤣🤣
No worry
Your eyes go soon clear, you go know say Rich men no dey joke with their lawyers advice before them do anything and you see the good j0b Mr Ochacho Lawyer did here to retain the property and not get carried away by social media emotions to give out his property just like that.
The law is not emotional
I will give out my ebook that Guide you on Every legal thing you need to know before buying a Land in Nigeria to be safe.
Check comment section on how to get it today
Ignorance of the law is no excuse
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