*vows to declare media war against state-owned bank
Following a winding up suit filed by Akwa Savings and Loans Limited against Senator Emmanuel Ibokessien owned Ritman College over debt amounting to over 150 Million Naira, the former Senator representing Ikot Ekpene Senatorial District has moved to financially induce journalists to kill the reports.
In the wake of media reports on the indebtedness to the bank totalling One Hundred and Fifty Million, Nine Hundred and Seventy Six Thousand, Ninety Two Naira, Seventy Four Kobo (N150,976,092.74k), Ibokessien, we gathered, personally reached out to some journalists and bloggers in the state to bury the report, promising to meet them on Tuesday for “breakfast and familiarization.”
Two national tabloid correspondents who corroborated our findings said they have declined attending the proposed informal meeting. They disclosed that Ibokessien is worried about public perception of the school and a possible negative reaction of parents of children schooling there.
Information has it that Ibokessien has fixed the meeting between the hours of 7:00am to 8:00am in his Uyo residence.
So far, a cross section of bloggers, national and state based correspondents have been invited for the meeting.
Top on the meeting’s agenda will be the launching of a media onslaught against Akwa Savings and Loans Limited.
Senator Ibokessien earlier bragged to a national tabloid, The Nation, that the bank cannot seize Ritman College because he did not use the school as collateral for the loan, a claim described by lawyers as ‘laughable and totally strange to Law.’
Akwa Savings and Loans Limited is praying the Federal High Court, Uyo Judicial Division, that “Ritman College of Agriculture, Science and Management Studies Limited be wound up by this Honourable Court under the provisions of the Companies and Allied Matters Act Cap C20, Laws of the Federal Republic of Nigeria 2004 and the Companies Winding-Up Rules 2001.”
The bank also prays for “further orders as the Honourable Court may deem just to make in the circumstances.”