PROPOSED PUBLIC INTEREST LITIGATION – SIR DR. M.A. MOMODU & ANOR. V. PWAN ROYALE INVESTMENT & DEVELOPMENT LIMITED (RC1310955)

CASE INDEX: PWAN/MOMODU&MOMODU/2025/001/LAG

PUBLIC INTEREST PILLAR:

• Advertisement to the general public (including prospective retirees), using creative and colourful multimedia platforms, of a beach-side “estate” which was followed by collection from the named subscribers of the advertised sale price(s); “development” fees; “land survey fees”, legal and other sundry fees for five plots but without “allocation” of the five plots in the said beachside estate five years down the road.

• Promise to give the said subscribers/patrons of the said advertisement by PWAN new allocation of five plots in some other estate(s) owned by PWAN but with reduced dimensions as to land size, and in a different local government area contrary to the contract of sale.

• Demand that the said subscribers/patrons of the advertised PWAN land – now retiree(s) and with competing personal challenges communicated to PWAN – pay new “development” levy as condition to be allocated the smaller dimension of land (contrary to the contract of sale) in a place far away and without the natural amenities of the beachside estate advertised five years before.

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DOCUMENTS: Uploads of contract DOCUMENT(s) and related emails coming soon.

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STEPS TAKEN TO ENGAGE PWAN SO FAR

1. Series of email exchanges between PWAN and the subscribers which have been received and responded to by PWAN unsatisfactorily.
2. A Letter of Demand and Memorandum of Intention to Commence Proceedings by Solicitors to the subscribers – Maths Solicitors – a Lagos based dedicated public interest litigation law firm.

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PRIMARY LEGAL REPRESENTATIVES OF AFFECTED SUBSCRIBERS/PATRONS

Maths Solicitors: Greenville Estate, Badore, Eti-Osa LGA, Lagos Nigeria; mathssolicitors@gmail.com and PublicInterestLitigation@LawNigeria.com; +234 704 199 3449

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PRELIMINARY CONCERNING PUBLIC INFORMATION ON PWAN FROM THE INTERNET-

1. Public Notice of the Security and Exchange Commission on PWAN

“Public Notice – Property World Africa Network (PWAN)/PWANMax

The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to the activities of “Property World Africa Network” (PWAN), which holds itself out as a real estate investment company and is soliciting funds from the public for investment purposes, through “PWAN MAX”” [more+]

2. https://www.thisdaylive.com/2025/07/21/pwan-group-urges-clients-with-complaints-to-reach-out-for-prompt-resolution/

3. https://guardian.ng/news/pwan-group-addresses-concerns-on-land-allocation/

4. https://web.facebook.com/chukwudi.iwuchukwu/posts/according-to-a-recent-report-pwan-homes-collected-906000-from-a-couple-for-land-/24860251260243663/?_rdc=1&_rdr#

5. https://fij.ng/article/nigerian-in-diaspora-chases-pwan-homes-for-9-years-to-allocate-n3m-land/

6. https://www.instagram.com/reel/DKceVa0uZnn/?hl=en

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