Christopher Isiguzo in Enugu

A renowned philanthropist and business mogul, Prince Engr. Arthur Eze yesterday demanded the sum of N200 billion from the management of Wema Bank Plc to assuage the damage he suffered on account of the false and defamatory publication of his name and photograph among the debtors of the bank in a national daily on August 7, 2015.

He also demanded the sum of N200 billion from the management of the national newspaper, Punch Nigeria Limited, within seven days for publishing and circulating the “highly defamatory and injurious falsehood” to the effect that what he (Eze) was among the directors of a debtor company, Genesis Electricity Ltd which owes Wema Bank Plc the sum of N136.93 million.

Prince Eze, who wrote the bank and the media organization through his counsel, Chief G. Tagbo Ike of Ike, Ike & Associates, No. 9 Ogui Road, Enugu, said that the contentious publication captioned “Arthur Eze’s firm among Wema Bank loan defaulters” and published along with his photograph was totally false and untrue as he (Eze) had nothing to do with the alleged debtor company.

The letters dated August 7, 2015 copies of which were obtained by Journalists in Enugu, read: “It is our instruction that on 7th day of August 2015 you caused to be published and circulated in a daily newspaper, “The Punch”, a highly defamatory and injurious falsehood to the effect that our client is amongst the debtors of a debtor company, Genesis Electricity Ltd, which owes your bank the sum of N136.93 million.

“To bring home to the reading public, you caused the said publication to be made, along with the photograph of our client inserted in the most conspicuous front-page of the said newspaper.

“In the said publication, you put up a screaming headline on the front cover of the said publication to wit “Arthur Eze’s firm among Wema bank loan defaulters”.

The details were contained at page 25 of the said publication, to these effect:

“Genesis Electricity Limited, a firm in which a business mogul, Prince Arthur Eze, is listed among its directors, is said to owe Wema Bank Plc the sum of N136.93m, according to the list of delinquent debtors published by the bank on Friday (today).
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The rate at which banks are being sued, the banks will spend their profits paying for libels

Arthur, are you sure you are not owing? How can your name appear in the list just like that if really "you have nothing to do with the bank" as you said.

Abi you wan save your @ss from public scrutiny?

Nwanna nwayokwa

IdiAmin1:
Arthur, are you sure you are not owing? How can your name appear in the list just like that if really "you have nothing to do with the bank" as you said.

Abi you wan save your @ss from public scrutiny?

Nwanna nwayokwa

stop fooling around

Oga if u sale both WEMA and punch they no reach 200bn na.. ....
Bros just pity them.. ... you when people take too much oil they misbehave....

IdiAmin1:
Arthur, are you sure you are not owing? How can your name appear in the list just like that if really "you have nothing to do with the bank" as you said.

Abi you wan save your @ss from public scrutiny?

Nwanna nwayokwa

He's too rich at least for now.

mrvitalis:
Oga if u sale both WEMA and punch they no reach 200bn na.. ....
Bros just pity them.. ... you when people take too much oil they misbehave....

heheheheheheheeheeee

Nna collect it let's share

mrvitalis:
Oga if u sale both WEMA and punch they no reach 200bn na.. ....
Bros just pity them.. ... you when people take too much oil they misbehave....

lolz

LOL. 200b?



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Let this be a lesson to these crackhead reporters, the false news has to end!

Nice move... How can the bank be this dull?? And still expect people to keep money with them.... Oooo I forgot, dullness is infectious... The president must know.