Tuesday, 25 February 2014

Emeka Ike Thrown Out Of Rented Duplex Over Failure To Pay N8.5million Rent

Nollywood Actor and school proprietor, Emeka Ike has
been thrown out of his rented apartment in Magodo
GRA, Ikeja, Lagos, over his inability to pay an
accumulated three years rent of N8.5 million.
The apartment, a twin duplex located at 1, Raji
Oladimeji Street, Magodo GRA, was until his ejection,
used by Emeka to run his business.
Emeka had in 2007 diversified by establishing a
secondary school named St Nicholas College and
decided to hire the premises on a five-year lease
agreement from an 87-year-old retiree, Chief Samuel
Agboola Akintan at the rate of N2 million per annum
for the first two years and N3 million annually for the
remaining three years, bringing the total rent of five
years to N13 million.
Sun newspaper reports that Emeka was able to get
his landlord accept a deposit of N2 million with a
promise to pay the rest later. Trouble, however,
started when a year after moving in, the popular Actor
began to default and at a point issued a dud cheque
of N1.5 million.
To force Emeka to pay his money and eject him from
the property, Chief Akintan through his company,
Samak Investments Ltd, had to drag the Actor to the
Ikeja Magistrate court where he was ordered out of
the house.

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