Popular billionaire prince, Arthur Eze, has been sued for £1.8 million by a couple who claimed they were left stranded after he pulled out of buying their £5million mansion.

Daily Mail reports that the couple, identified as Richard and Deborah Conway, told a High Court that they were left stranded after Prince Eze pulled out of buying their £5million mansion.

According to them, they were already committed to buying a house in Cambridge and had to take out an expensive bridging loan when the deal with Prince Eze was no longer tenable.

The couple claims they were forced to sell their home at a reduced price of £4.2 million, and are suing the prince to recover losses as well as “family expenses”.

However Prince Eze, who is said to be worth £2 billion, denied breaching his contract with the couple. He has also counter-sued Mr. and Mrs Conway for the return of a £500,000 deposit.

Mr Conway, 62, said he and his wife wanted to “pay off all our debts and start again” with an eye on retirement when they put their home up for sale for £5 million.

Their lawyer, Matthew Collings, said: “It was necessary for them to obtain bridging finance to fill the huge hole left by Prince Eze’s failure to complete, and failure to pay the balance of the purchase price.”

The court heard they exchanged contracts for the nine-bedroom home in August 2015, but Prince Eze had been acting through a “go-between” and had never seen the house.

The 62-year-old prince, the founder of oil firm Atlas Oranto Petroleum, paid a 10 per cent deposit of £500,000 but now alleges the deal was void because the Conways agreed to pay the agent a “secret commission” to secure the sale.

The Conways, who denied any inappropriate conduct, said the agent contacted them initially without Prince Eze’s knowledge and later raised the prospect of a £75,000 agent’s fee.

They claim the agent then “threatened to scupper the deal” unless he was paid.

Testifying in court, Prince Eze said he had good intentions when he agreed to buy the house; stressing that he wanted “a genuine investment in the UK”.

“I wasn’t concerned about the price but I was concerned about people being open,” he said.

“I thought there was something funny going on,” he added.

The Prince rejected a suggestion he had pulled out of the deal because of a drastic drop in oil prices.

Judge Andrew Keyser QC reserved his judgement to a later date.

http://dailypost.ng/2017/12/06/arthur-eze-dragged-uk-court-pulling-5million-mansion-deal/

What is it that should be said about my people to hasn't been said? Now na to just dey laugh jare. E be like say na blood e dey See him gorimakpa like grinding stone.

Wait he said he's not buying again and you sued him...ayam not understanding ontop my money again. These folks sef

This guy with all this background on him can still become a Governor in today's Nigeria.

Case in point, his career mimic that is currently Governor of Imo.

People know who these people are, how they get into power and then people feign surprise is bewildering.

All these entitled folks..if I don't want to buy again is it by force

Okay.

This N2b can build and buy the best property in Nigeria why buy in London.

I think it is wise to divest and buy in London where there will not be abandoned property

python1:

Afonja is like you forgot your IPOB anthem at home.
Read this line again... “I wasn’t concerned about the price but I was concerned about people being open,” he said..
That's a developers mindset.

No point taking him to court

£5million

The man say him no dey again.....na by force to buy property in UK?

Toomuch money

Hmm

Money

Money that can be invested in Nigeria. We are our own problem.

Money Stops Nonsense!

MONEY GOOD O

Money stops Nonsense

APC is evil... .he who has ears should hear.

Interesting.. U must buy the house, by fire by force.. � lol

If someone is worth so- called 2 billion pounds, why would they travel all the way to the UK to appear in court to give evidence & be embarrassed over a 'mere' 1 million pounds

Fact: the true worth of some Nigerians are exaggerated.

Just settle out of court & move on.

They were not open with him

him say him papa masquerade no dance again. Na by force?

millionboi2:
APC is evil... .he who has ears should hear.

Wetin concern APC with this thread.

DeLaRue:
If someone is worth so- called 2 billion pounds, why would they travel all the way to the UK to appear in court to give evidence & be embarrassed over a 'mere' 1 million pounds

Fact: the true worth of some Nigerians are exaggerated.

Just settle out of court & move on.

YOU DONT KNOW EZE N'UKPO


15% of all the hangers in most airports in the world are managed by him.

millionboi2:
APC is evil... .he who has ears should hear.

Make someone like Arthur Eze governor of Anambra state and watch the state vanish quietly.

Oyinbo don’t joke with contracts. What you sign is binding or you get sued and pay fine

Gloryr:


YOU DONT KNOW EZE N'UKPO


15% of all the hangers in most airports in the world are managed by him.

Lol........he doesnt even manage 0.0001% of world hangers.....

dnative:
People asking na by force to buy? Yes in the UK, once 'contracts are exchanged', the buyer is actually obliged by law to buy and the seller obliged to sell and either party can sue the defaulting party unless deception can be proven. This is enacted in their laws.

What would happen is merely that the defaulting buyer would lose his deposit.