Court evicts Ali Baba from Victoria Island mansion after AMCON’s sale declared illegal

Court evicts Ali Baba from Victoria Island mansion after AMCON’s sale declared illegal

Popular comedian, Atunyota Alleluya Akpobome, better known as Ali Baba, has been evicted from a luxury property in Victoria Island, Lagos, following a Federal High Court ruling reversing its sale by the Asset Management Corporation of Nigeria (AMCON).

On Thursday, August 28, 2025, bailiffs stormed No. 324A Akin Ogunlewe Street, Victoria Island, enforcing a writ of possession signed by Justice Ambrose Lewis-Allagoa on August 15, 2025.

The property, which had housed Ali Baba’s company XQZMOI TV studios, was handed back to the family of its late owner and his firm, Harold Expansion Industries Nigeria Limited.

The disputed property had been sold by AMCON in 2021 for ₦220 million to Ali Baba while litigation was still pending in court.

It was gathered that the comedian was originally a tenant before the corporation forcefully evicted the owner and family, allegedly giving them less than five hours to vacate.

The late businessman, was said to have passed on shortly after the traumatic eviction.

The estate, consisting of two duplexes overlooking the Atlantic Ocean, later became the operational base for XQZMOI TV until last week’s court-ordered eviction.

The dispute traces back to a loan allegedly owed to the defunct Bank PHB (now Keystone Bank).

AMCON claimed that Harold Expansion Industries had accumulated debts amounting to ₦617 million, which it had acquired.

However, Harold Expansion Industries, represented by its counsel, Benjamin Olayiwola Sadibo, denied the alleged indebtedness.