I didn’t take any loan from Arthur Eze – Andy Uba


Andy Uba, a former governorship candidate of the All Progressives Congress in Anambra State has described as false, the report that he borrowed N50 million from businessman, Arthure Eze, to pursue his 2015 senatorial ambition.

Ubah said he did not borrow from Eze or any other person.

“My attention has been drawn to the defamatory, maligning and character injurious publications in the print and electronic medium, as well as social media platforms on malicious falsehood and allegations arising from the execution of the judgement of the High Court of Anambra State in suit No: AG/94/2016, through the bailiffs of the High Court of the Federal Capital Territory Abuja on 23/8/2022,” he said in a statement on Friday.

“It is fundamentally imperative to unequivocally state in clear and categorical terms the true factual position, thus: A. For the avoidance of doubt, I never borrowed N50,000,000 (fifty million naira only) from prince Arthur Eze, both of us only attended a church service at St. James Anglican Church Uga, Aguata L.G.A, Anambra State during my senatorial campaign in the build-up to 2015 general elections.

“B. In the course of the said church service, Prince Arthur Eze donated N50,000,000 (fifty million naira only) to support my senatorial political campaign on the altar and the entire congregant was engulfed with joy and happiness which made the officiating priest extend a warm handshake of gratitude and appreciation for his kind gesture and I equally sent a letter of appreciation dated 22/2/2015 to Prince Arthur Eze.

“C. I was dumbfounded, surprised and flabbergasted having learnt that my bosom friend and brother, had through his company Oranto Petroleum Limited through which the said cheque of N50,000,000 (fifty million nairas only) was drawn had filed an action one year after at the High Court of Anambra State, Aguata division sitting at ekwulobia in suit No: AG/94/2016, through what they called (undefended list) Procedure or liquidated money demand or summary judgment procedure. The pertinent question on the lips of many people would be, do people go to the rooftops to praise or thank others for granting them loan facilities? How many people have you seen that secured a loan facility from a bank or an individual and went to church praising the creditor for granting them such a loan facility which would only be repaid?

“D. I quickly engaged my lawyers who filed my defence on merit denying the allegations that the said money was a loan but a free will donation, unfortunately despite our obvious defence and issues having been joined, the trial court refused and failed to afford us fair hearing by having the matter heard on full-blown trial where witnesses will be called and evidence led, but proceeded to hear the matter on (undefended list) procedure or summary judgment procedure, that is, hearing the case on only the allegations and documents filed by the plaintiff (Oranto Petroleum Limited) without contradiction, whatsoever. The court went ahead to grant all the reliefs and entered judgement in favour of the plaintiff on 6/3/2017.

“E. In exercise of my constitutional right, I appealed to the Court of Appeal Enugu division culminating to Senator Andy Andy –Vs- Oranto Petroleum Limited, Appeal No: CA/E/197/2017, challenging the said decision of the High Court of Anambra State among other things, on the ground that the said money was a free will donation and not a loan as well as a challenge that hearing the matter on the undefended list without my input amount to a breach of my fundamental right to fair hearing guaranteed under section 36 of the 1999 constitution of Nigeria (as amended), which occasioned a miscarriage of justice.

“F. Consequent upon the above, parties filed and exchanged their respective briefs of argument and the appeal was set down for hearing on the 26th of february, 2019. However, there was an intervention by some Anambra stakeholders and I was approached by Prince Austin Ndigwe (Uzu-Awka) who is a mutual friend of myself and Prince Arthur Eze for an amicable settlement of the matter out of court.”