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Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm - Celebrities (2) - Nairaland

Nairaland Forum / Entertainment / Celebrities / Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm (20687 Views)

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Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by adecz: 7:40am On May 09
undecided



A clear case of 419 and obtaining
under false pretenses ❗️❗️❗️


Dem don use the money💲💲 for balling
🍾🍸🍹🥂


People get mind😕😕😕😕
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by AuschwitzPrefec: 7:41am On May 09
Brendaniel:






Look at them in full gear to attack a whole tribe, when their tribe's man is a bigger issue for even themselves, you won't see them in all the threads that has to do with Issues affecting the country caused by their tribesman in charge, it is to look for a certain tribe to attack that gives them joy....

Nah d matter dey board we dey discuss.

And no. We will not be diverted to your usual boggey man Fulani .
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Barims(m): 7:42am On May 09
ojun50:

They play.

He is bigger than 1.2billion na him the matter enter news

grin grin
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Mosdiii(m): 7:42am On May 09
SeeWahala:
Mschew undecided

You gave someone contract to clear vehicles for you and paid a fraction of the costs

He cleared it successfully and kept it for you in his warehouse to pay up the balance and collect your property

You defaulted and didn't pay the balance

The vehicles were kept in storage from 2021 till 2024, blocking useful space and attracting heavy demurrage fees which you also couldn't pay off

Now vehicles were auctioned off to cover for delayed and accrued service and demurrage costs

You vex go call police undecided

Okay, let's see how this case ends cool

Wow never knew Emoney is on nairaland. My friend you better return their vehicles. Business isn't done like that

7 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by LARRYOBRAIN(m): 7:43am On May 09
How do know that
MyVILLAGEpeople:
It will be settled. E money is bigger than 1.2 billion Naira.

1 Like

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by AuschwitzPrefec: 7:46am On May 09
Why do I feel there is more to this case.


Luxury car imports have been widely used to launder illicit funds.


I think this is a case of scammers trying to outwit each other.

Because how can you as a clearing agent arbitrarily on your own convert someone's properties for yourself without recourse to a court ruling.

4 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Yorubaskullmine: 7:52am On May 09
CilicMarin:
fraudsters..god, let these cannibals have their country, instead of polluting our dear country.
So this ewure still dey do tribalism for this forum?
Ngeneukwenu/ngeneshemale dem swear for you?
Spits.

3 Likes 1 Share

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Coronavirus1: 7:52am On May 09
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by carzeem1: 7:54am On May 09
mcjokee:


Wow, see brain!!! Kai
Why would you do this to yourself? See the way you analysed the issue as if you read the article with the back side of your brain. Can’t you reason that there is more to this story? And does it even make sense to sell off a customers property without their consent nor involving law enforcement? Even if he wanted to follow that route, he could have used like 1 or 2 vehicles to offset the clearing debt not selling all the vehicles. Una like to Dey do eye service sha….they will eventually settle it out of court, that I am sure of because there is more to this story like I said.


Cost of clearing a vehicle in Nigeria ports sometimes exceeds the cost price of the vehicle at purchase. It's a clear case of breach of contract by both parties.

Client abandoned vehicles with Emeka after he has committed his own money to paying for clearing the vehicles for more than 2 years. (All this are obvious in the press release)

No business man will tie his funds down on another person's business for that long (2 years plus) without any sign the other party will meet up with his payment.
If this case goes to court, na settlement go end am. Cos both parties are in the wrong.

My personal opinion is Emeka is only liable for the cost of the vehicle at the point of purchase with accrued inflation on the value for 2 years. If he had left the vehicle with Nigerian customs, the owners will have no case atall cos it would have accrued so much demurrage or auctioned.

6 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by AuschwitzPrefec: 7:57am On May 09
Yorubaskullmine:

So this ewure still dey do tribalism for this forum?
Ngeneukwenu/ngeneshemale dem swear for you?
Spits.

See your moniker.



Hypocrite

2 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by AuschwitzPrefec: 7:58am On May 09
carzeem1:



Cost of clearing a vehicle in Nigeria ports sometimes exceeds the cost price of the vehicle at purchase. It's a clear case of breach of contract by both parties.

Client abandoned vehicle with Emeka after he has committed his own money to paying for clearing the vehicles for more than 2 years. (All this are obvious in the press release)

That does not give him the authority to convert somebody's property to his own.


Why didn't he sue the cat company to get his money one way or the other or have the cars forfeited to him?
Spewing trash defending rubbish.

6 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Yorubaskullmine: 8:02am On May 09
AuschwitzPrefec:


See your moniker.



Hypocrite
Reno Omockryy, the proponent of genocide against Igbos, i know you will always open your wide mouth on any issue concerning an Igbo.
Mkpi.

2 Likes 2 Shares

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by mcjokee: 8:09am On May 09
carzeem1:



Cost of clearing a vehicle in Nigeria ports sometimes exceeds the cost price of the vehicle at purchase. It's a clear case of breach of contract by both parties.

Client abandoned vehicles with Emeka after he has committed his own money to paying for clearing the vehicles for more than 2 years. (All this are obvious in the press release)


No business man will tie his funds down on another person's business for that long (2 years plus) without any sign the other party will meet up with his payment.
If this case goes to court, na settlement go end am. Cos both parties are in the wrong.

My personal opinion is Emeka is only liable for the cost of the vehicle at the point of purchase with accrued inflation on the value for 2 years. If he had left the vehicle with Nigerian customs, the owners will have no case atall cos it would have accrued so much demurrage or auctioned.

Like I said, there is more to the story than what is being reported publicly, and I agree with your last paragraph, he will definitely pay for the vehicles and but the company would also have to pay for accrued Demurrage and some facility cost. They will settle this out of court, I am sure. I don’t actually see a criminal intent on the part of E-money.

3 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by mekuso89(m): 8:13am On May 09
Mystic216:

You are very s!ck in the head
Bitter soul
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by damosade(m): 8:14am On May 09
Dollar Naira issues. If you know you know
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by davidtemi(m): 8:21am On May 09
ojun50:

They play.

He is bigger than 1.2billion na him the matter enter news
U dey mind online hype men ?? 😂🤣
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Nwaikpe: 8:21am On May 09
MyVILLAGEpeople:
It will be settled. E money is bigger than 1.2 billion Naira.

You cretins are funny


grin grin grin


One day, these your heroes: E-Money and Obi Cubana, will shame you guys when they are arrested in a foreign land for drug related crimes. We know them, and we also know that 99 days goes for the thief, 1 day the airport go catch them or their boys.

1 Like

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by hammadhassan889: 8:21am On May 09
mcjokee:


Like I said, there is more to the story than what is being reported publicly, and I agree with your last paragraph, he will definitely pay for the vehicles and but the company would also have to pay for accrued Demurrage and some facility cost. They will settle this out of court, I am sure. I don’t actually see a criminal intent on the part of E-money.


It sounds like a challenging situation indeed. The cost of clearing vehicles in Nigeria's ports can be exorbitant, sometimes surpassing the vehicle's purchase price. Emeka's predicament with the abandoned vehicles highlights the complexities of business dealings, where commitments aren't always honored. In such cases, legal recourse seems inevitable, though a settlement appears to be the likely outcome given the mutual breaches. Emeka's liability should reasonably extend to the vehicle's original cost plus inflation over the two-year period. Interestingly, had the vehicles been left with Nigerian customs, the outcome would likely have been far less favorable. This underscores the importance of prudent decision-making in business dealings. The involvement of car wreckers (https://scrapcarbuyers.co.nz/) could offer insights into alternative solutions for handling such situations effectively.

2 Likes 1 Share

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Krankhead: 8:23am On May 09
MyVILLAGEpeople:
It will be settled. E money is bigger than 1.2 billion Naira.
Who tells you that?

2 Likes 1 Share

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by HBB1(m): 8:25am On May 09
Billionaire!
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by iReddington: 8:25am On May 09
SeeWahala:
Mschew undecided

You gave someone contract to clear vehicles for you and paid a fraction of the costs

He cleared it successfully and kept it for you in his warehouse to pay up the balance and collect your property

You defaulted and didn't pay the balance

The vehicles were kept in storage from 2021 till 2024, blocking useful space and attracting heavy demurrage fees which you also couldn't pay off

Now vehicles were auctioned off to cover for delayed and accrued service and demurrage costs

You vex go call police undecided

Okay, let's see how this case ends cool
See person pikin, how person go born something wey dull like this, Una go just come online, ON data and OFF sense. 🤦😒

2 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by TheBillyonaire: 8:28am On May 09
Image laundering and a good one.
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by SeeWahala: 8:31am On May 09
iReddington:

See person pikin, how person go born something wey dull like this, Una go just come online, ON data and OFF sense. 🤦😒

Mynd44
seun
Dominique
Fergie001

Rule 2 destroyed cool please escort this man back to the abyss from whence he emerged cheesy

1 Like 1 Share

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by mkoabiola: 8:33am On May 09
How could u have sold d vehicle without documentation to this effect.


D company has a good case

3 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by carzeem1: 8:35am On May 09
AuschwitzPrefec:


That does not give him the authority to convert somebody's property to his own.


Why didn't he sue the cat company to get his money one way or the other or have the cars forfeited to him?
Spewing trash defending rubbish.

If you fail to meet your obligations in a business deal such as this, you create loopholes.

Emeka can also claim he borrowed money to clear those cars and used the cars as collateral to offset the loan if the client defaults. That could be hidden in his terms and conditions which the client based on relationship or whatever didn't take into account.
He doesn't need to sue if it's part of his terms and conditions to claim vehicles if client fails to meet thier financial obligations after a specific period.

In the world of money and law, no emotions. No businessman grows by being nice.

4 Likes 1 Share

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Brendaniel: 8:37am On May 09
AuschwitzPrefec:


Nah d matter dey board we dey discuss.

And no. We will not be diverted to your usual boggey man Fulani .



Then stick to the issues and leave tribe out of it
Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by back2sender: 8:45am On May 09
MyVILLAGEpeople:
It will be settled. E money is bigger than 1.2 billion Naira.
Bigger than what?
A society that projects people larger than the society and society norms is headed for doom.
Where is the vehicles? this is the crust of the matter. E-Money has no right to trade with the vehicles. He cannot give what he does not have.

3 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by back2sender: 8:46am On May 09
carzeem1:


If you fail to meet your obligations in a business deal such as this, you create loopholes.

Emeka can also claim he borrowed money to clear those cars and used the cars as collateral to offset the loan if the client defaults. That could be hidden in his terms and conditions which the client based on relationship or whatever didn't take into account.
He doesn't need to sue if it's part of his terms and conditions to claim vehicles if client fails to meet thier financial obligations after a specific period.

In the world of money and law, no emotions. No businessman grows by being nice.
You cannot give what you don not have. E money is to blame , no other way about it. He should make amends asap because if this gets to the court he will suffer more apart from the reputation damage to him

3 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by mightycrowns44: 8:47am On May 09
Majority of those people claiming to be rich people in that country are nothing but coded criminals.
A musician also reported to have collected money for performance in USA, no performance,no refund of dollars yet he will be claiming to be a big boy.
90 percent of the so called rich people in Nigeria are dirty swindlers fraudsters etc

3 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by nedekid: 8:47am On May 09
MyVILLAGEpeople:
It will be settled. E money is bigger than 1.2 billion Naira.
Lol..
De play. Social media is different from real life.

3 Likes

Re: Police Probe E-Money Over N1.2 Billion Dispute With Lagos Firm by Johel(m): 8:48am On May 09

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