Connect with us

News Feed

Arik Air Files N20billion Law Suit Against FG

Published

on

The Federal Government has been dragged to court by Arik Air over its plan to negotiate a takeover of the company.
Arik Air Limited has filed a N20 billion suit against the Federal Government and Ethiopian Airlines over recent claims in the media that they were negotiating the takeover of the airline.
The suit was instituted by the airline at the Federal High Court, Lagos against Ethiopian Airlines, the Federal Ministry of Transportation and the Attorney General of the Federation.
A copy of the suit which was filed on Sept.6 by Arik Air’s counsel, Mr Babajide Koku (SAN), Mr Chukwuemeka Nwigwe and Mrs Ezinne Emedom, was obtained by the News Agency of Nigeria (NAN) on Sunday in Lagos.
In its statement of claim supported by a 20 paragraph affidavit deposed to by Mr Chris Ndulue, a Director with Arik Air, the plaintiff asked the court to restrain the first and second defendants from further negotiations on its takeover.
The plaintiff noted that the Asset Management Company of Nigeria (AMCON) had taken over the airline on Feb. 8 which was challenged by its management via two suits already pending before the Federal High Court, Lagos.
According to the plaintiff, the suits numbers are FHC/L/CS/827/17 and FHC/L/CS/826/17, adding that the negotiations by the defendants will render the outcome of the suits nurgatory.
“The plaintiff avers that the agreement of the second defendant with the first defendant will be wide ranging and intricately affect every aspect of the plaintiff herein, including but not limited to the day to day running technical as well as financial management which will affect the plaintiff as being the largest domestic and regional airline in Nigeria.
 
“The plaintiff further avers that the action taken by the first and second defendants will have a negative effect on the country’s image as the plaintiff being the largest airline will be pawned over to another country for management,” it said.
The plaintiff also averred that the negotiations had caused undue hardship and irreparable damage to the Arik Air brand and ongoing investment discussions as well as unbearable distress to the airline’s shareholders and directors.
It, therefore, asked the court to declare the negotiations null and void because the Ministry of Transportation had no power to transfer the management of the airline to Ethiopian Airlines while the suits over the takeover are pending.
The plaintiff also asked the court for an order directing the Attorney General of the Federation to ensure the investigation of Ethiopian Airlines by the appropriate authorities for inducing and interfering in the administration of justice in the pending suits.
It added that if found culpable, the airline should be charged to court for criminal contempt contrary to Section 133 (4) and (9) of the Criminal Code Laws of Lagos State, Cap C17,Laws of Lagos State of Nigeria, 2004.
The plaintiff also asked the court for an order compelling the Inspector General of Police to investigate the actions of the second defendant.
It further asked the court for N20 billion being punitive damages against the first defendant for inducing or partaking in the interference of the rights of the plaintiff and the administration of justice.
NAN reports that the suit is yet to be assigned to any judge and no date has been fixed for hearing.

Source: Tori

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Feed

This country can only get worse – Cubana Chief priest

Published

on

Celebrity barman, Cubana Chiefpriest has disclosed that the current situation in Nigeria can only get worst.

His comment follows the economic state of the country, coupled with corrupt activities of politicians in the country.

 

 

The self-acclaimed celebrity barman shared his thoughts about the ongoing nationwide looting on his Instagram page.

He expressed his concerns over the belief people have in a government who according to him, can not provide basic amenities for its citizens like good roads and proper health care.

Cubana also spoke about the rise in the price of a bag of rice in Nigeria which is ten times over the price for a bag of cement.

The summary of his post is a stirring of hopelessness and uncertainty over a government who allegedly refused to distribute palliatives to its citizens in a time of need. He also hammered on the fact that people should not expect much from a government who refused to give its citizens what is rightfully theirs.

Read the post below:

“So Funny How We Are Expecting Light, Good Roads, Health Care, Security, Education, Development, Empowerment Etc From People That Refused To Give Us Common Noodles To Eat. As Of Today Cement Na 4,000 Rice Na 38,000 We Are Finished, Sometimes I Wonder If God Dey For Real Because How Can God Comfortably Watch These Oppressors Oppress Us. This Country Na Wah !!!! To Me It Can Only Get Worse.”

See post below:

 

View this post on Instagram

 

So Funny How We Are Expecting Light, Good Roads, Health Care, Security, Education, Development, Empowerment Etc From People That Refused To Give Us Common Noodles 🍝 To Eat. As Of Today Cement Na 4,000 Rice Na 38,000 We Are Finished, Sometimes I Wonder If God Dey For Real Because How Can God Comfortably Watch These Oppressors Oppress Us. This Country🇳🇬 Na Wah !!!! To Me It Can Only Get Worse #CelebrityBarMan💫

 

Continue Reading

News Feed

Yahoo-Yahoo Responsible For Low Rate Of Cultism: Seyi Awolowo

Published

on

Yahoo-Yahoo Responsible For Low Rate Of Cultism: Seyi Awolowo

Seyi Awolowo, former Big Brother Naija housemate has opined that the rate of cultism in Nigeria has reduced, adding that youths are now more focused on making money.

Awolowo, who disclosed this in an exclusive interview with GoldMyneTV, stated that youths engaging in online scam are influenced by politicians who indulge in the looting of public funds.

 

During an interview with GoldMyneTV, Seyi was asked if the youths engaging in cyber-crime are influenced by politicians who indulge in the looting of public funds.

Read his words below;

”This thing is long and deep. I don’t stand for the yahoo-yahoo thing. But do you know that yahoo is the reason we don’t have really high amount of cultism?

And this is just my perspective ‘cause when I was in university, I was always harassed by cultists. But then the next thing, there was a flow of yahoo and they all just disappeared.

People that used to slap and want to obtain would now rather give. It is something bad, so overtime we abused it.

Leaders who are supposed to make us see bad in it are doing worse things, stealing more money, and getting away with it. So yahoo boys are like, ‘if he can steal and get away, why can’t I? And I’m not even stealing from Nigeria’.”

Continue Reading

News Feed

I don’t give people information about me: Kiddwaya

Published

on

I don’t give people information about me: Kiddwaya

Kiddwaya, former Big Brother Naija housemate has revealed that he doesn’t give people information about him or anyone close to him.

The billionaire’s son, who disclosed this in a series of tweets he sent out on Tuesday, disclosed that he is a very private person.

Taking to his Twitter page, the BBNaija 2020 star called out a particular user identified as @DoodooArmani and other bloggers.

Explaining further, Kidd said if there was anything about him that fans needed to know, they would hear it directly from his Twitter and Instagram pages. In his words:

“I’m actually a very private person and I don’t give people information about me or anyone close to me. If there’s any new information you will hear it directly from my Twitter or Instagram, not from @DoodooArmani or any other bloggers. Good morning and I love you all.”

See his tweet below:

Continue Reading

Trending