Dokpesi Family Warns Buyers Against Buying of Late Raymond Dokpesi’s Assets
By DADA AYOKHAI
The Dokpesi family has issued a “caveat emptor” warning, urging potential buyers to be cautious when dealing with properties or assets belonging to the late media mogul, Chief Dr. Raymond Dokpesi.
This warning comes amid reports of individuals selling off prized assets belonging to Dokpesi’s estate, two years after his passing on May 29, 2023.
In a statement, the family announced that the entire estate of the late media mogul has been under probate proceedings since May 29, 2023, and all assets are frozen for sale, transfer, pledge, or loan until the lawful completion of the probate process.
“We have received troubling reports of people pretending to have authority and offering estate assets for sale. We are compelled to announce this publicly to protect unsuspecting buyers and to calm investors and the general public. No such transactions are valid without the authority of the probate court,” the family cautioned.
The statement titled, “Public Notice / Caveat,” partly reads, “the general public is hereby informed that the Estate of the late High Chief Raymond Anthony Aleogho Dokpesi (Ezomo of Weppa Wanno), who passed on 29 May 2023, is undergoing probate proceedings before the competent authorities in Nigeria.
“This estate includes, by extension, his ownership interests and assets in corporate entities such as: DAAR Investment & Holding Company Ltd; DAAR Communications PLC; As well as other public and private corporations, properties, and business interests.”
It added, “
Accordingly, with effect from 29 May 2023 (the date of his passing), all assets forming part of his estate are deemed frozen for the purposes of sale, transfer, pledge, or loan until the completion of probate and the lawful distribution of his estate.
“Any person, institution, or organization that has attempted, or may attempt, to purchase, acquire, transfer, or otherwise deal with any of these assets after 29 May 2023 does so entirely at their own risk and without recourse to the estate or the family.”
“This notice serves as a caveat and a warning to protect the legacy of the late founder and to prevent unlawful dealings with his assets until due legal processes are concluded,” it reads.
The announcement comes amid governance tensions at DAAR Communications PLC, the parent company of AIT and Raypower, with insiders suggesting the move is intended to safeguard shareholder value and prevent fraudulent attempts to divest the estate of its assets.
The Dokpesi Family wants Nigerians and the international community to know that the legacy of High Chief Raymond Dokpesi is not up for grabs.
Chief Raymond Anthony Aleogho Dokpesi (25 October 1951 – 29 May 2023) was a Nigerian media businessman and politician. His parents were from Agenebode, Edo state in a family including six sisters. He entered the Nigerian mass media industry with his company, the DAAR Communications and set up the Nigerian TV network Africa Independent Television (AIT).
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