FIJ’s Soyombo stands firm amidst legal threat from LandWey, says "we stand with the truth"

Composite image of LandWey Investments Limited CEO Olawale Ayilara (right) and Fisayo Soyombo, the founder and Editor-in-Chief of the Foundation for Investigative Journalism.

In response to the recent threat of a ₦1 billion lawsuit from LandWey Investment Limited, Fisayo Soyombo, the founder and Editor-in-Chief of the Foundation for Investigative Journalism (FIJ), has firmly stated that FIJ stands by the truth of its publication and is ready to defend its position through the legal process.

In a letter dated June 30, 2023, LandWey’s legal counsel accused FIJ and Fisayo Soyombo of publishing defamatory articles, alleging that the Nigerian-based residential developer was involved in a fraudulent real estate “ponzi scheme” targeting unsuspecting investors.

The letter specifically referenced a series of injurious publications and tweets released by FIJ and Soyombo between February 2022 and March 2023. LandWey argued that the most recent articles on June 29 and 30, 2023, were particularly damaging to the company’s reputation. The publications insinuated that LandWey was engaged in fraudulent activities, while also accusing them of attempting to suppress press freedom.

LandWey’s legal representatives demanded the immediate removal of the offending publications, along with a retraction and apology in two national newspapers from FIJ and Soyombo. The legal representatives further warned that if LandWey did not receive confirmation of compliance within 14 days, they would initiate legal action at the High Court of Lagos State where it would seek ₦1 billion in general damages for the harm caused by the publications, along with costs of the legal action on a full indemnity basis and 21% post-judgment interest per annum on any awarded sums.

Soyombo and FIJ could not be reached for immediate comments as of the time of publication, but on Sunday evening, Soyombo responded to The Guardian’s request, stating, “We received the letter and have now referred it to our lawyers at Slingstone LP for formal response and actions.”

Soyombo also asserted that FIJ stands firmly behind the truth of its publication. Soyombo emphasized that FIJ publishes factual information, thoroughly verified through rigorous investigative journalism.

Highlighting the company’s stance, Soyombo pointed out, “LandWey hasn’t asserted contrariwise before the publication or even now, except what is an expression of displeasure with the truth we published through its lawyers at Templars.”

Soyombo also stated that FIJ has remained steadfast in its commitment to responsible journalism, ensuring that their publications adhere to factual reporting and uphold transparency in their investigations. He said FIJ is ready to defend the authenticity and accuracy of their reporting through the legal channels.

“We are happy to let the legal process take its course,” added Soyombo, indicating FIJ’s willingness to engage in the legal proceedings as necessary to uphold their journalistic integrity.

As the legal process unfolds, both parties are expected to present their arguments and evidence to the High Court of Lagos State, as LandWey seeks damages and FIJ strives to demonstrate the veracity of its reporting.

The Guardian reached out to LandWey Investment Limited for further comment on FIJ’s response, but the company has not issued an immediate statement.

The situation has garnered attention from the media and stakeholders, with many closely following the developments as it unfolds. As the legal battle looms, both LandWey and FIJ brace for a consequential dispute that may have implications for press freedom and journalistic integrity in Nigeria.