FIRM THREATENS OGUN GOVERNMENT WITH COURT ACTION OVER BREACH OF AGREEMENT
The solicitor has however, served Governor Ibikunle Amosun, Commissioner of Finance, Attorney General and Commissioner of Justice, declaring that the fee must be paid within seven days; else a legal action will be taken against the Government
‘We are solicitor to Messrs Bond Investment and Holdings Limited (our client), and we have instructions to write this letter to you. Our client by virtue of agreement dated 23rd day of December,2009 was appointed as Consultants to the Ogun State Government with respect to Ogun State External Debt reconciliation’
‘Premised upon the above, our client has made monetary demands in the sum of N6,038,624,816.67 on the Ogun State Government and this demand has culminated in pending arbitration proceedings between our client and the Ogun State Government’, the letter reads
Penpushing further reports that, the solicitor said, it came to the attention of his client that, Ogun State Government received from the Federal Government, another payment in the sum of $78, 269, 08.70 on 26th September, 2017.
‘The receipt of the said payment is directly connected to our client’s work with the Debt Management Office(DMO) of the Federal Government of Nigeria and this fact was specifically acknowledged in your letter of 1st November 2016 to the DMO’, the letter emphasised
Penpushing also reports that, the counsel attached the said letter of 1st November, 2016 as annexure 01, which made specific reference and relied heavily on his client’s letter dated 16th March, 2010, adding that,’ in accordance with the clause 3.1 of the agreement dated the 23rd day of December, 2009, our client is entitled to 15% of any payment made by the Federal Government of Nigeria to Ogun State after reconciliation’
‘We hereby require that you pay to our client the sum of $11,740,362.00 payable in refund currency being 15% of the said sum of $78,269,08.70 within 7 days upon receipt of this letter’, stressing that the outstanding sum now demanded should be paid into the account of the law firm for onward payment to the consultant.
