Monday, 10 August 2015

ARTHUR EZE INSTITUTES A N2BILLION SUIT AGAINST WEMA BANK

Prince Arthur Eze
Report reaching the newsroom of the best-selling and most sought after online business news publishers, Tectono Business Review, has it that a billionaire business baron and Chairman of Oranto Petroleum Limited, Prince Engineer Arthur Eze, has started the process of instituting a N2billion suit against a commercial bank, Wema Bank Plc, and a print media firm before a Federal High Court in Lagos for character assassination and injury done to his reputation and that of his various business concerns owing to the recent publication of his name as a chronic debtor and one of the Directors of Genesis Electricity Limited.

The business kingpin and dynast made it clear that he is not one of the owners of the electricity company, Genesis Electricity Limited, as alleged by Wema Bank.

In a statement; Eze N’Ukpo, as Prince Arthur Eze is popularly known; stated that he had instructed his lawyers to swiftly file a N2billion suit against the bank and the national daily for libel. According to him, he is a trustworthy business magnate with several business investments across board and not a chronic debtor as he was made to appear before members of the public by Wema Bank and the national daily.