Metro

Court Orders TSTV CEO To Pay ₦938m, $1.42m In Debt Case

Published

5 months ago

August 7, 2025

A High Court of the Federal Capital Territory in Abuja has ordered Telcom Satellites Limited, and its Chief Executive Officer, Bright Echefu, to pay a former Minister of Special Duties, Kabiru Tanimu Turaki (SAN), a total of ₦938 million and US$1.42 million, along with post-judgment interest at the rate of 10 per cent per annum until the debt is fully cleared.

Justice Bello Kawu made the order on July 7, 2025, while delivering judgment in the suit filed by Turaki against the TSTV and its CEO.

A certified true copy of the judgment was sighted on Wednesday by The PUNCH.

Turaki, the claimant in the suit marked FCT/HC/CV/332/23, sued TSTV and Echefu, as the 1st and 2nd defendants respectively, over unpaid debts.

In a writ of summons supported by a 27-paragraph affidavit deposed to by Turaki, he stated that TSTV, a company duly incorporated under the Companies and Allied Matters Act, 2020, presented itself as an indigenous cable satellite television provider rendering media and telecommunication services to him.

He said the 1st defendant (TSTV) operated from its head office located at Plot 859, Idu Industrial Area, Idu in Abuja.

According to Turaki, the 2nd defendant, Echefu, who is the Managing Director/Chief Executive Officer of TSTV and its alter ego, personally obtained loans from him under false pretences.

Turaki said he became aware of the defendants in 2018 through a close friend and associate who had been approached by Echefu to convince him to invest in TSTV.

He noted that after about two months of due diligence and negotiations with Echefu, he declined the invitation to invest in TSTV as the terms presented were not acceptable to the 1st defendant.

He said that following the failed investment proposal, Echefu continued to mount pressure on him to invest in TSTV.

“Unrelenting in his efforts, the 2nd defendant wrote a letter conveying several propositions to me to come on board, including acquiring 35% of the shares of the 1st defendant and assuming its chairmanship,” he said.

According to Turaki, this proposal was made in a letter dated November 13, 2019.
He added that after persistent persuasion from Echefu and his collaborators, he agreed to serve as Chairman of TSTV and acquire 50% of its shares for the sum of ₦800 million.

He added that this decision was based on representations by Echefu that TSTV was a viable and profitable cable satellite company.

“The 1st defendant, as a result, deceived me into acquiring 50% of its shares for ₦800 million, even though the company was moribund,” Turaki stated.

He further said that after assuming the position of Chairman and investing in the company, Echefu again exerted pressure on him to assist in raising additional funds for TSTV’s operations.

Turaki said that under pressure from Echefu, he introduced him to Tudu Ventures Nigeria Limited, which lent the defendants the following sums: ₦1.2 billion, ₦800 million, US$1.6 million and US$500,000.

The defendants allegedly failed to repay the loans, prompting Tudu Ventures to file a separate suit (FCT/HC/CV/1588/21) to recover the funds. Partial judgment was entered against the defendants on November 22, 2022.

Turaki said he also personally granted loans to Echefu at his request, amounting to ₦138 million, US$1.35 million, and an additional US$70,000.

“The defendants, via a letter dated January 5, 2021, acknowledged receipt of $1.28 million and ₦138 million as part of the loans advanced to them,” the claimant said.

He added that the defendants later approached him again, stating that the $1.28 million was insufficient for its intended purpose and requested an additional $70,000, which he also provided, bringing the total loan to $1.35 million.

Turaki said Echefu once more approached him for a further loan of $70,000 to meet financial obligations, which was also granted.

“That the 2nd Defendant again approached me to advance a further loan of the sum of USS70,000, to enable them settle some financial exigencies, which was also advanced to the defendants”.

According to him, the defendants, through a payment proposal signed by Echefu for settling Tudu Ventures’ loans, his own loans, and the equity investment, agreed to repay $1.35 million, $70,000, and ₦138 million.

He added that Echefu’s Counsel, Adegboyega Awomolo, (SAN), via a letter dated November 22, 2022 agreed to pay the sum of N200,000,000 on or before July 15, 2022, through the said counsel as a demonstration of the 2nd Defendant’s good faith and commitment to liquidating his Indebtedness to him which the 2nd Defendant failed to keep.

Turaki said he later instructed his lawyers, N.A. Saidu Legal Consult issued a demand letter to Echefu seeking repayment, but no response was received.

He emphasised that, given the efforts made and the lack of response from the defendants, it became clear to him that the defendants had no intention of repaying the loans which Echefu personally obtained and which are now overdue.

He, therefore, urged the court to compel the defendants to repay the outstanding loans with post-judgment interest of 10 per cent annually until the debt is fully liquidated.

In his judgment, Justice Kawu granted all the reliefs sought by Turaki.

He held, “An order of this Honourable Court directing the 1st and 2nd defendants, jointly and severally, to pay the claimant the sum of ₦138,000,000 (One Hundred and Thirty-Eight Million Naira) being the total loan advanced, now due and unpaid.

“An order directing the 1st and 2nd defendants, jointly and severally, to pay the claimant the sum of US$1,350,000 (One Million, Three Hundred and Fifty Thousand US Dollars) being the total loan advanced, now due and unpaid.

“An order directing the 1st and 2nd defendants, jointly and severally, to pay the claimant the sum of US$70,000 (Seventy Thousand US Dollars) being the total loan advanced, now due and unpaid.

“An order directing the 2nd defendant to pay the claimant the sum of ₦800,000,000 (Eight Hundred Million Naira) being the total sum paid for 50% equity in the 1st defendant, despite knowing the company was moribund.

“An order awarding post-judgment interest at 10 per cent per annum on the total judgment sum from the date of the judgment until full satisfaction of the debt, and such further orders as the court may deem fit.”
(PUNCH)

Metro

The Woman I Married After 8yrs As widower Fights Me With Harmful Objects, Threatens To Kill Me

Published

9 hours ago

January 4, 2026

Editor

Grade A Customary Court sitting at Mapo, Ibadan, the Oyo State capital, has adjourned until February 2, a divorce suit brought before it by a man, Oladayo, against his wife, Leah, whom he married eight years after the death of his first wife.

Oladayo alleged that Leah did not love or care for him.

He added that she was stubborn and always loved to have her way. The plaintiff further said that the defendant was troublesome and in the habit of fighting him with harmful and dangerous objects, and added that she later took to threatening to kill him.

Oladayo explained that he came to court because he did not want the blood in his hands.

Leah was absent in court even though she was served court summonses.

Oladayo, during his testimony in court, said that he met his wife in 2017 through his church leaders.

He said: “I lost my first wife eight years before I met and got married to Leah.

“I waited that long to contract another marriage because my children from my first marriage were still in their tender ages when their mother died.

“The eldest of the three children then was just eight years old.

“I also did not want them to be emotionally and psychologically disturbed.

“I met Leah through my pastors in church.

“They introduced her to me and encouraged me to go into a relationship with her, which I did.

“Leah was well-behaved throughout the period we courted. This gave me the courage to go on with the relationship and I felt it was worth it.

“I was happy to put behind me the grief and sorrow I experienced when I lost my first wife and moved on with my life, but I never knew that the worst awaited me.

“I proposed to Leah, and she accepted to go into marriage with me.

“We held a church wedding and also carried out other relevant marital rites.

“I paid her bride price, but this was returned to me by her parents.

“Leah moved in with me, and then my life was turned upside down.

“The once gentle and easy-going lady suddenly went wild.

“She started to reveal a side of herself I had not known.

“Leah became unfriendly and hostile. She showed me no love and care. She was also in the habit of complaining and nagging. We hardly enjoyed each other’s company.

“Leah is stubborn and never took to correction because she believed she was always right.

“I lost my peace and derived no joy in our union.

“Leah always went irate any time we had a misunderstanding and would fight me with any dangerous object within her reach.

“I always left home any time she was in a rage because I did not want the blood of another person in my hands.

“I decided to return home no more after the last time we fought.

“She resorted to threatening to kill me after I left home.

“My lord, I pray this honourable court to end our marriage.

“I also request an order restricting her from threatening me and interfering with my private life.”

The court president, Mrs. S.M. Akintayo, after she had heard the plaintiff, ordered that a fresh hearing notice be issued and served on the defendant.

She then adjourned the case until February 2.
(TRIBUNE)

Metro

My Husband Lives A Wretched Life, Drinks, Gambles, Woman Tells Court

Published

9 hours ago

January 4, 2026

Editor

…She’s is free to go —Husband

A woman, Rukaiat, has prayed for the dissolution of her marriage to her husband, Gafar, in a suit she filed at Grade A Customary Court, sitting at Mapo, Ibadan, Oyo State, on the grounds of irresponsibility, gambling, drunkenness and threat to her life by the latter.

Rukaiat pleaded for the custody of their child, whom, according to her, he had constantly neglected and starved.

She prayed the court to mandate her husband to be responsible for their child’s upkeep.

The plaintiff also sought an order restraining the defendant from threatening her and from interfering with her private life.

Gafar, who was in court the first day the case was mentioned, acceded to divorce.

He also agreed that Rukaiat had custody of their child.

The defendant, however, denied the allegations of irresponsibility, gambling, and drunkenness brought against him.

He, however, failed to show up in court in the subsequent adjourned dates.

Rukaiat in her testimony told the court: “My husband is a drunk and gambler.

“I have had no rest of mind since I moved in with him after he paid my bride price.

“Our marriage is blessed with only a child who my husband found a herculean task taking care of.

“He constantly neglected me and our child and did starve us.

“My husband spent his income mainly on liquor.

“He would drink himself to stupor and stagger home, singing on top of his voice and disturbing our neighbours.

“He also gambles, which is another reason for his wretchedness.

“We fight almost every day because of his inadequacies.

“I moved out of his house after he turned me into a source of ridicule in our compound and neighbourhood.

“He took to threatening me after I left him.

“My husband went as far as hiring thugs who came to my shop to beat me up and destroy my goods.

“My lord, I pray that the court rule that we are no longer husband and wife.

“I also plead for the custody of our only child since my husband has failed in his responsibility towards her.

“I further request an order restricting my husband from threatening me and interfering with my private life.”

The court president, Mrs. S.M. Akintayo, gave her judgement on the matter, stating that the couple obviously had a valid customary marriage and that the bride price was paid.

According to her, the plaintiff had declared that she was no longer interested in their marriage, while the defendant also admitted to divorce.

Akintayo therefore ruled that the plaintiff and defendant ceased to be husband and wife.

She granted the plaintiff custody of their only child and ordered the defendant to be responsible for her upkeep, including feeding, education, and health care.

(TRIBUNE)

Metro

Our Marriage Lacks Love, Please End It, Woman Prays Court

Published

9 hours ago

January 4, 2026

Editor

Area Court sitting at Centre-Igboro, Ilorin, Kwara State, has dissolved the marriage between a couple, Hajara Busari and Mumini Anafi, on the petitioner’s request, following claims of lack of care and love.

While delivering ruling on suit, the presiding judge, Mr Toyin Aluko, held that the respondent had written a letter to the court, agreeing to divorce.

According to the News Agency of Nigeria (NAN), the court, consequently, dissolved the marriage between the parties and ordered the woman to observe one-month Iddah (waiting period) before contracting another marriage.

Meanwhile, the court granted custody of the four-year-old child produced by their marriage to the petitioner, being still in her tender age.

The court ordered that the respondent should pay the sum of N20,000 as monthly allowance for the feeding and maintenance of their child.

He added that he should be responsible for her education and health care. Aluko also held that the father be allowed unrestricted access to the child at reasonable time and should be notified before taking any decision on his child.

The judge ordered the petitioner to get a copy of the judgment and make same available to the respondent.

Earlier, the petitioner told the court that she was no longer interested in her marriage to the respondent, following lack of love and care.