Court Orders Billionaire, Sonny Odogwu To Repay N26.2b Diamond Bank Loan - Entertainment Express
4 min read By Lukman Olabiyi The Federal High Court, Lagos has ordered businessman, Chief Sunny Odogwu, and his two companies: Robert Dyson & Diet Limited, and SIO Properties Limited to pay N26.2 billion to Diamond Bank Plc for failing to repay a loan obtained from the bank eight years ago. The court presided by Justice Saliu Saidu also granted leave to Diamond Bank to foreclose and sell ‘Luxury Collection Hotels and Apartments’, formerly Le Meridian Grand Tower, located at 31-35, Ikoyi Crescent, Ikoyi, Lagos, belonging to Odogwu. Co-defendants in the debt recovery suit are Corporate Aff...
Source: expressng.com