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

nwakibie3:
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/

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

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.

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.

SmartyPants:


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

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

Timitunechi:
funny part is this man owes my dad a lot of salaries ... but yet he spends like alot but owe the people under him a lot ..... but then this is Nigeria what can man do...

three:
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.

Priceless200:


You lie, you re a liar from the pit of hell. Arthur Eze never owes salary, Never! majority of people who works in his house/offices does nothing for him, but are paid to the last month no matter where Arthur is, you salary must get to you.

Unless you have been sacked, which can happen any moment with him.

What's your father's name and in which of his house/office does(was) he work(ing) ? Abuja? Enugu? Ukpo? UK? Where exactly pls?

Please stop this mindless blasphemy and rubbing people's name in the mud just to score cheap public stunts.

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

Timitunechi:

he worked in premier breweries in Onitsha .... kindly ask around ... owned by eze