Feel the lyric and grow in the spirit
http://www.vanguardngr.com/2012/06/n15m-scam-jim-iyke-speaks/
A week ago, Nollywood actor, Jim Iyke broke the news that the N15 million case filed against him has been thrown out of court for lack of evidence.
And just a day after,the plaintiff, Hajia Habiba Abubakar fired back that the case was not thrown out of court due to lack of evidence, rather,she withdrew it after the actor apologized to her, and signed an agreement to pay the money in installments until the full amount is realised. However, an online media claimed that Abubakar also made available documents backing her claims.
Speaking from far away Brazil where he is currently attending the Rio +20 gathering, Jim Iyke said “It was God’s intervention. I’m sure even she doesn’t know how it ended like this.”
He said , “the fact that she’s still running around proves it. It was a conspiracy to bury me and take an undeserved equity of my company and I refused and hell broke loose.
“How can it be fraud when I admitted the amount invested? My lawyer advised me to take the deal and walk away when they had nothing else to say. It’s just part of my ventures.
“We settled out of court and I’m a gentleman and apologized for the angry words I spoke. When I’m home, I’m still gonna further hold a press conference and apologize to my family and true fans that saw me through that abyss. Well, this is all I can say for now.”
Meanwhile, reports had it that Jim Iyke and his parents paid a visit to Abubakar’s Abuja home where they pleaded with the woman to tamper justice with mercy. And after listening to Jim’s aging parents, Abubakar was said to have calmed down and made a decision to discontinue the case but not without some conditions.
According to reports, some of the conditions the actor must fulfill before being let off the hook are that he, Jim Iyke, must tender a written public apology to Habiba Abubakar in at least two Nigerian daily papers. And that he, Jim Iyke, must also pay back the N16.5m he collected from Abubakar but this time in installments.
Ego Omalicha parts way with Questionmark
The cordial relationship that once existed between the artiste formerly known as Ego Omalicha and her record company, Questionmark Entertainment has been revoked.
Ego Omalicha the much taunted first lady of the record company not only ended her romance with her former label, she has also changed her name. She says she wants to be officially called Safarie.
Ego Omalicha
The sexy artiste broke into the scene as Ego and scored a big hit with the track ‘Omalicha” and “Thinking about you”. Ego sources said parted ways with her former record label following conflicts over her image, brand and style of music. The artist and label couldn’t agree on her image and creative differences.
The revocation was however cordial as both parties agreed that her contract be terminated.
Asked what’s next, She revealed that “My dad was the first person I gave the news about my parting ways with Questionmark Entertainment and to my utmost surprise, he (my dad)decided to take up the responsibility of funding my career pending when I get another label. Right now I’m in the studio working on my new single and video which will be released next week.”
My concern this week is about the very elusive 200 million US Dollars His Excellency, President Goodluck Ebele Jonathan publicly promised the Nigerian entertainment industry, almost two years ago.
Entertainment industry in this sense includes Nollywood, the music industry, comedy, fashion, modeling and other relevant sectors directly linked with Nigeria’s creative industry as a whole.
Presiednt Jonathan
Lack of funding remains topmost among the myriad of challenges confronting the entertainment industry. It was, therefore a big relief and soul lifting for practitioners and other stakeholders when President Jonathan announced a $200 million intervention fund for the country’s entertainment industry.
The president made the announcement on the occasion of the 30th anniversary of the Silverbird Group in Lagos. The thunderous applause, which greeted this presidential pronouncement, almost pulled down the roof of the capacity filled hall.
Suffice it to say that this pronouncement came during the thick of political campaigns by various presidential aspirants gunning for the coveted office of the President of the Federal Republic of Nigeria via the April 2011 Presidential elections. President Jonathan was then one of the leading aspirants.
The timing couldn’t have been better. If the pronouncement was a campaign gimmick to win over electorate in the entertainment industry, then it was robustly on point. The entire entertainment industry, particularly Nollywood and music industries practically went gaga with different genres of the ‘Jonathan for President’ praise slogans.
Most of our highly rated thespians and music icons became instant clappers and dancers for the amusement of Abuja politicians. At the end, mission was accomplished and Dr. Goodluck Ebele Jonathan was declared as winner of the election. As the clichérized saying goes, the rest is now history.
To date, all we hear about the $200 million is that it would be jointly managed and disbursed by the Bank of Industry (BoI) and the Nigerian Export-Import (NEXIM) bank.
I can boldly state here without fear of contradictions that as at today, not a dime or one kobo of the Jonathan’s $200 million has reached either of these financial institutions. I am aware of the heavily publicized disbursement of some funds by BoI and NRXIM bank to London returnee, Kene Mrakpu of ‘ Film House and USA-based Mr Tony Abulu.
Unsuspecting stakeholders and readers were railroaded into believing that these disbursement came directly from the mythical Jonathan’s $200 million. How far can this be from the truth!
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