Sunrise Estate, a Lebanese firm, is facing a lawsuit regarding a property in Abuja. The dispute arose from a publication allegedly sponsored by Sunrise Estate, warning the public against purchasing plots 580 & 581 in the Kugbo District, Abuja, which were being marketed by Promise Land Estate.

The alleged sponsored publication read: “The general public is hereby warned not to deal with Promiseland Asokoro Hilltop or any other person advertising to sell lands in LOTS 580 & 581 as they risk losing their money, and may be committed to prison for contempt of court.”

The management of Promiseland Estate, owners of over 32 units housing estates spread across Abuja, which has taken Sunrise Estate to court, in a statement on Friday, stated that its attention has been drawn to a ‘malicious publication’ sponsored against it by a Lebanese-owned firm, Sunrise Estate.

The statement read: “Contrary to the notice’s claims, there is no pending litigation involving Promiseland Estate in connection with Plots 580 & 581.

“We challenge the accusers to provide concrete evidence of any legal action against our company.

“This misinformation tarnishes our reputation and damages our business interests.

“Promiseland Estate will not tolerate false accusations that damage our reputation and business.

“We are initiating legal proceedings against those responsible for spreading these falsehoods.

“We are seeking N50 billion in damages for defamation, intending to set a precedent that false claims will not be taken lightly.

“We urge the public to disregard the unfounded allegations and await the legal process to unfold. Promiseland Estate is confident that the truth will prevail, and we will be vindicated.

“Prospective buyers should not be swayed by baseless accusations but should instead rely on verified information.

“Promiseland Estate owners remain committed to upholding the highest ethical standards in all our business dealings.

“Our vision at Promiseland Estate is clear – to move people from poverty to prosperity through real estate investment.

“We are committed to building 100,000 homes in the next ten years and providing seamless housing solutions through innovative investment schemes for the benefit of all, both in Nigeria and the diaspora.

“Our dedication to integrity, trust, and sustainability remains unwavering. We will continue to develop communities that promote environmental, social, and economic prosperity.

“Over the past decade, we have prioritised our clients’ needs and promise to uphold the highest standards in all our business dealings.

Source: The Gazelle News