Skip to content
Abel News NG

Abel News NG

Latest news

Primary Menu
  • LATEST NEWS
  • Aviation
  • Airlines
  • Business
  • News
  • Hospitality
  • Politics
  • ABOUT US
  • Home
  • 2016
  • February
  • 10
  • Businessman Drags Kanu To Court For Alleged Malicious Prosecution
  • News

Businessman Drags Kanu To Court For Alleged Malicious Prosecution

admin February 10, 2016 2 min read

A businessman and a lawyer, Ayoola Gam-Ikon, has urged a Lagos State High Court in Ikeja to order a former Super Eagles Captain, Kanu Nwankwo, to pay him N1billion for what the claimant termed his malicious prosecution by the police.
Gam-Ikon claimed to have on March 5, 2013 been arraigned on 19 counts of fraud by the police following a complaint against him by Nwankwo.
He, however, alleged that the entire charges were struck out on July 30, 2015 by the trial chief magistrate, following the legal advice of the Federal Director of Public Prosecutions, who absolved the claimant of the alleged offences.
But Gam-Ikon, who claimed to have lost valuable time and years of his prime life attending court and facing trial, urged the court to award damages to him against Nwankwo in the sum of N1billion.
The claimant urged the court to order Nwankwo to pay an interest of 22 per cent on the claimed sum from December 15, 2015 till the judgment day and 10 per cent interest on the claimed sum from judgment day till the claimed sum will be fully paid.
“The claimant was devastated by the effect of his arraignment, imprisonment at Ikoyi prison during the perfection of bail and pendency of a criminal charge and has been running from one hospital to the other for medical assistance owing to his debilitating ill health and has only just started showing signs of improvement,” Gam-Ikon claimed in his suit.
The claimant claimed to have known Nwankwo while he was a banker with the Gulf Bank of Nigeria Plc, where he alleged Nwankwo had an account and he used to offer him financial management advice.
He also alleged that he later entered into hotel business with Nwankwo after he quit his job as a banker.
The claimant also alleged that he and Nwankwo incorporated “The Hardley Apartments Limited” on April 22, 2004 on a shareholding agreement of 70 per cent to Nwankwo and 30 per cent to him.
He stated that in the course of running the business they saw the need for expansion leading them to obtain a bank loan of N457million to raise the hotel to the five-star status.
Trouble, he claimed started between him and Nwankwo in the course of the loan repayment, leading in his prosecution.
The case, which was filed on Tuesday, has not been assigned to any judge.

admin

See author's posts

Continue Reading

Previous: Killing Of Monarch: Delta State Will Take Appropriate Action—– Delta Speaker
Next: NAMA Submits Workers’ Conditions of Service To Aviation Ministry

Related Stories

NIS CG, Babandede, JIFORM President Deliver Papers On Migration Workshop In Abuja
2 min read
  • News

NIS CG, Babandede, JIFORM President Deliver Papers On Migration Workshop In Abuja

May 22, 2023
Runsewe Commends Sanwo- Olu For Pragmatic Investment in Creative industry
1 min read
  • News

Runsewe Commends Sanwo- Olu For Pragmatic Investment in Creative industry

January 27, 2023
Runsewe Condoles Anyiam Osigwe Family Over Death Of AMAA President
2 min read
  • News

Runsewe Condoles Anyiam Osigwe Family Over Death Of AMAA President

January 12, 2023

Recent Posts

  • United Nigeria Airlines  Aircraft With 50 Passengers Skid Off Lagos Airport Runway
  • Ahon’s Appointment By Delta Governor A Testimony To Excellence–JIFORM President
  • NAPTIP Sacks  Deputy Director, 4 Officers For Serious Misconduct
  • Runsewe Mourns Dokpesi, Extols His Virtues
  • Obaseki Celebrates Osimhen, Alegeh, Omogiafo, Others For Winning National Awards

Recent Comments

  1. israelnightclub.com on Nigeria Immigration Service  A Major Investment Driver Of The Country  By James Sunday
  2. Abel Orukpe on FAAN To Constitute Task Force To Curb Activities Of Miscreants At MMIA
  3. Shinaba Abiodun on FAAN To Constitute Task Force To Curb Activities Of Miscreants At MMIA
  4. Nanji Tyem on FG Grants Tax Reliefs To TStv Africa
  5. Margaret on Disaster Looms In Aguda As Developer Begins Sand Filling Of Major Canal

Archives

  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • January 2015
  • July 2012
  • July 2011
  • February 2011
  • July 2010
  • February 2009

Categories

  • Agriculture
  • Airlines
  • Android
  • Appointment
  • Aviation
  • Award
  • BlackBerry
  • Business
  • Community News
  • Contact us
  • Crime
  • Culture
  • Design
  • Editorial
  • Education
  • Entertainment
  • Event
  • Feature
  • Health
  • Health
  • Healthe
  • Hospitality
  • International News
  • Interviews
  • iPhone
  • Judiciary
  • LATEST NEWS
  • Letter
  • Migration
  • News
  • News In Picture
  • Opinion
  • Politics
  • Presentation
  • Religion
  • Security
  • Slider
  • Speech
  • Sports
  • Technology
  • Tourism
  • Transport
  • Travelogue
  • Uncategorized
  • Videos
  • World

You may have missed

United Nigeria Airlines  Aircraft With 50 Passengers Skid Off Lagos Airport Runway
1 min read
  • Airlines

United Nigeria Airlines  Aircraft With 50 Passengers Skid Off Lagos Airport Runway

May 31, 2023
Ahon’s Appointment By Delta Governor A Testimony To Excellence–JIFORM President
1 min read
  • Uncategorized

Ahon’s Appointment By Delta Governor A Testimony To Excellence–JIFORM President

May 31, 2023
NAPTIP Sacks  Deputy Director, 4 Officers For Serious Misconduct
2 min read
  • Crime

NAPTIP Sacks  Deputy Director, 4 Officers For Serious Misconduct

May 31, 2023
Runsewe Mourns Dokpesi, Extols His Virtues
1 min read
  • LATEST NEWS

Runsewe Mourns Dokpesi, Extols His Virtues

May 30, 2023
Copyright © All rights reserved. | MoreNews by AF themes.