Man files lawsuit seeking to wind up CNN Africa in Lagos over breach of contract

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A Nigerian, Kene Chukwu Okeke, has taken the unprecedented move to shut down the operations of CNN Africa in Nigeria.

In the originating summons marked FHC/L/CS/1839/2020, Kene Chukwu Okeke, Claimant/Applicant averred that CNN Africa and Stephanie Busari egregiously breached the clear and unambiguous requirements of Sections 78, 79, 80 of the Companies and Allied Matters Act, 2020.

CNN staff, Stephanie Busari, Nima Elbagir, Muhammad Darwish are joined in the suit.

The litigant also claimed that the Atlanta-based global TV network breached Section 2 (2) & 9 (1) of the National Broadcasting Commission Act, 1992 (as amended) to establish a “multi-platform office bureau” for the production and transmission of sound or vision including featured contents through cable and satellite broadcasts in Nigeria.

According to him, unregistered companies are subject to winding up procedures, whether solvent or insolvent just as registered companies and organisations.

For unregistered companies, the courts may declare that it is fair and equitable for the company to be wound up, said Okeke.

The matter was first before Justice (Prof.) Chuka Obiozor.

After he was redeployed, the case was re-assigned to Justice T. G. Ringim.

Justice T. G Ringim, adjourned the case for a hearing of an application filed by Okeke for the final forfeiture of the assets belonging to CNN Africa in Nigeria.

The hearing in the winding up and forfeiture proceedings has been fixed for 27 September 2021.

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