Abike Dabiri-Erewa, Diamond Bank Agree To Settle N500m Libel Suit Out Of Court

A former House of Representatives’ member, Abike Dabiri-Erewa, along with Diamond Bank, on Thursday, February 4, agreed to pursue an out of court settlement in her lawsuit against the bank.

Dabiri-Erewa had on August 6, 2015, dragged the bank to court in a N500m suit for publishing her name among the list of chronic debtors who had refused to liquidate their debts.
The report, allegedly maliciously published, claimed that Dabiri-Erewa owed the bank about N122m. Diamond Bank had published her picture as a Director of Thriller Endeavors.
The former lawmaker has remained adamant, saying she has never heard of the company. She insisted that the publication is false and it has subjected her to public ridicule and embarrassment.
In a suit filed before a Lagos High Court, sitting in Igbosere, Lagos Island, she also listed the Punch Newspapers Limited as the second defendant.
When the matter came up for hearing on Thursday before Justice Abdulfattah‎ Lawal, the counsel to Diamond Bank, Chuka Agbu SAN, told the court of the moves to settle the matter out of court.
He then urged the court to adjourn the matter to enable the parties conclude discussions on the process.

Counsel representing Dabiri-Erewa, Ademola Fadipe, said they were optimistic that the settlement talks will be agreeable to all parties.
Justice Lawal has adjourned the matter till March 10, for a report of the settlement.

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Posted: at 5-02-2016 11:12 AM (8 years ago) | Hero

I guess it's pay day.

Posted: at 5-02-2016 11:17 AM (8 years ago) | Gistmaniac

Wow I dey like this kind payout. U mess around with my identity I drag u to court for accusation and defamation of character... And bang, pepper don rest

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Posted: at 5-02-2016 11:33 AM (8 years ago) | Hero

Happy days!!

Posted: at 5-02-2016 11:35 AM (8 years ago) | Grande Master

Dats nice.

Posted: at 5-02-2016 12:06 PM (8 years ago) | Hero

O.k.

Posted: at 5-02-2016 01:25 PM (8 years ago) | Addicted Hero

Wish me happy settlement

Posted: at 5-02-2016 06:20 PM (8 years ago) | Hero

heheheh..   pay day....but then i hope
the woman go gree

Posted: at 5-02-2016 11:46 PM (8 years ago) | Hero

OMO, DAT LADY DON MAK MONEY OOO. ABEG WHO GO FALSELY ACCUSE ME LYK DIS WOMAN CASE?

Posted: at 7-02-2016 10:40 PM (8 years ago) | Gistmaniac