VINTAGE press Limited has returned the N9 million it received as compensation for the seizure of copies The Nation and SportingLife in June, 2014.

In a statement yesterday, the organisation explained why it took the decision.

It said: “We are again compelled to comment on the N9 million received by Vintage Press Limited as compensation from the government of ex- President Goodluck Jonathan through the Newspapers Proprietors Association of Nigeria (NPAN) for the seizure of our publications, The Nation and SportingLife in June, 2014

“We do this for two reasons. First, to restate the sequence of events that culminated in the payment , thereby debunking insinuations about the motive for the compensation. Second, to inform the public that the N9 million collected from NPAN on behalf of the Jonathan government has been returned to the association .

“This decision was arrived at on Wednesday by the Board and Management of Vintage Press Limited after a painstaking examination of the legal and moral issues arising from the compensation



“In our first comment published in the Saturday, December 12 edition of The Nation, we provided the background to the compensation. We recalled the mindless, illegal and unjustified seizure of thousands of copies of both titles by soldiers in major cities and towns across the country.

“Not only were copies of both papers impounded, our vehicles and drivers were arrested and detained in military barracks. They were released very late, in some instances at 7pm, when it was practically impossible to put the consignments in the market. “We know of no other newspaper that was so harassed and maltreated by soldiers who claimed that they had intelligence reports that newspapers vehicles were to be used by insurgents to ferry arms.

“Our response to this unjustifiable infringement of our rights was go to court to get justice and ask for Compensation. We briefed the legal firm of Femi Falana (SAN) to institute an action against the government and the military authorities and demand N300 million compensation.

“Soon after the clampdown, Jonathan hosted the NPAN in Lagos and the issue of compensation was raised with him. He promised to get back to the association through its president, Nduka Obaigbena, the publisher of Thisday. Obaigbena later briefed members that the government had agreed to pay N10 million to each newspaper. A mail followed from the association asking newspapers to submit their statements of claims for compensation.

“This development was discussed with our lawyer who advised that the N10 million compensation was reasonable, following which we resolved to stay action on the suit .

“At subsequent meetings in Lagos and Abuja , NPAN assured members that the government had not changed its mind . At the Abuja meeting in March but year, the association resolved that N1million be paid by each newspaper on receipt of the N10 million towards the acquisition of a befitting corporate office for it.

“In May, the secretary of NPAN, Mr. Feyi Smith, brought a draft for N9 million to Vintage Press Limited. The draft was accepted in good faith, believing it was from the account of the association and also from the appropriate department of government.

“Who was in a better position to deliver a draft from NPAN to Vintage Press than the NPAN secretary? Vintage Press, like other newspapers that received drafts/cheques from the NPAN, did not know that the money was paid to a private company by the Office of the National Security Adviser (ONSA) and from funds collected by that office specifically for the procurement of arms ? This was until The Nation, in its edition of Friday, December 4, published details of the stupendous sums of money collected by individuals and organisations from the ONSA.


“Now, the source of the payment to us is beyond contention. We now know it came from the ONSA and routed through a private company, General Hydrocarbon Limited. This company is unknown to NPAN. Facts in the public domain show clearly that the money the company collected was for ‘energy consultancy.’

That this company would collect the compensation on NPAN’s behalf was never disclosed to the association in line with corporate best practice. As a business that subscribes fully to the tenets of sound governance, we are not at ease with this revelation.

“We are also uncomfortable with the revelation that the compensation was from the money earmarked for the purchase of arms for troops fighting insurgency.

“This point was stated clearly in our editorial of Wednesday, December 23 in which we said: ‘it is unclear to what extent the extension of the anti- terror war was due to fraud – related factors. But it is clear enough that the war effort was deliberately hampered by fraudulent activities.”

“It is a shame,” we said further, “that there is even a possibility, however slim, that media players helped to create an enabling environment for terrorists, wittingly or unwittingly, by linkage with Dasuki.

“In the light of the foregoing, Vintage Press Limited, publishers of The Nation and Sportinglife, on Wednesday resolved that the N9 million compensation be returned to the NPAN for onward delivery to the source of the money. A draft for N9million was handed over to Mr Smith today in Lagos.

“The Board and Management of Vintage Press have also resolved not to resume the legal action it asked the firm of Femi Falana (SAN) to initiate against the government and the military authorities but to regard the losses incurred during the period as part of the sacrifice The Nation has made to the enthronement of a new order in our country.

“It was noted with satisfaction that no law of the land was breached in asking for compensation and receiving same from the government but that with the sordid disclosures about the ONSA, Vintage Press cannot in good conscience regard the compensation as a closed case on which nothing can be done.

“However,, we find most uncharitable the infantile claim that the compensation was meant to compromise us. We were highly critical of the Jonathan government for its incompetence as we would of any government that we judge to be incompetent. We remain committed to our mission as a newspaper and declare that no individual or body can dissuade us from this noble cause.”

912:
Senseless post. OP its too early in the year for lies please

Shaftrod:
Tinubu or vintage press? Aigoo!

dammytosh:
This is one of the reasons i will support Social Media Bill.


Header 9Billion.

COntent 9 million to a newspaper.

too many eediots, very few bullets.

dammytosh:
This is one of the reasons i will support Social Media Bill.


Header 9Billion.

COntent 9 million to a newspaper.

too many eediots, very few bullets.

Talk2MegaBoss:


There is a source, I can't post everything that was explained and you can Check it yourself beeper you alter trash and insults.

Talk2MegaBoss:


Do not grow up with the habit of placing insults at the first sight of what someone writes or post.

The source is posted so check it

dammytosh:


The source also said 9 billion like you typed in your topic ?


Try harder. Liar

912:


Your topic says 9BILLION collected by Tinubu. Your post is about the 9million collected by Vintage press owners of the nation news paper from PNAN. Which the board resolved that it should be returned to them.

Please its too early in the year for lies.

Talk2MegaBoss:


Do not grow up with the habit of placing insults at the first sight of what someone writes or post.

The source is posted so check it

Talk2MegaBoss:


Don't act daft, who owns vintage Press?

Talk2MegaBoss:


There is a source, I can't post everything that was explained and you can Check it yourself beeper you alter trash and insults.

Talk2MegaBoss:


And you dive into the lagoon for all I care truth Sayer

masseratti:
but your source says 9 million not 9 billion, you can just modify it so that people won't think you have an agenda more than posting a well known news.

Talk2MegaBoss:


Who owns Vintage Press please?

dammytosh:


Don't waste your energy on that M0r0n.

Talk2MegaBoss:


Guess you meant your generation.

Shaftrod:
Aigoo? Can someone educate this guy that a registered company is a legal entity and quite different from the owner?The cheque was not issued in favour of Tinubu's name but that of the company's account as money for compensation when Jonathan was clamping down on the press using the soldiers.

dammytosh:


No i meant you because you don't have shame and value.

Your PM talk about success yet, don't know what integrity means.

Self success my f00t. Megalomaniac nincompoop

Talk2MegaBoss:


Do not grow up with the habit of placing insults at the first sight of what someone writes or post.

The source is posted so check it

masseratti:
but your source says 9 million not 9 billion, you can just modify it so that people won't think you have an agenda more than posting a well known news.