Nwankwo Kanu, former captain of the Super Eagle of Nigeria, known for his wizardry in the game of footbal, will have to replicate that skill in the law court as a businessman and lawyer, Ayoola Gam-Ikon, has asked a Lagos State High Court in Ikeja to order Kanu to pay him N1bn.
The the claimant, Gam-Ikon, alleged that Kamu had maliciousily prosecuted him using the police to slam a 19-charge on him for what he knew nothing about.
Gam-Ikon claimed that on March 5, 2013, Kanu caused the police to arrraign him on 19 counts of fraud, with Kanu well aware that he was innocent of the said fraud.
He, however, claimed that the entire charges were struck out on July 30, 2015 by the trial chief magistrate, following the legal advice of the Federal Director of Public Prosecutions, who absolved him of the alleged offences.
The lawyer said he has been seeking treatment at several hospitals since he was discharged by the court.
So, now Gam-Ikon is asking the court to compel Kanu to pay him N1billion for damages for the valuable time lost of years going to court to face trial.
The case, which was filed on Tuesday, has yet to be assigned to any judge.
The claimant also asked the court to order Kanu to pay an interest of 22 per cent on the claimed sum from December 15, 2015 till the judgment day and 10 per cent interest on the claimed sum from judgment day till the claimed sum will be fully paid.
“The claimant was devastated by the effect of his arraignment, imprisonment at Ikoyi prison during the perfection of bail and pendency of a criminal charge and has been running from one hospital to the other for medical assistance owing to his debilitating ill health and has only just started showing signs of improvement,” Gam-Ikon claimed in his suit.
He claimed to have known Kanu while he was a banker with the Gulf Bank of Nigeria Plc, where he claimed Kanu had an account and he used to offer him financial management advice.
He, however, claimed to have later entered into hotel business with Kanu after he quit his job as a banker.
Gam-Ikon claimed that he and Kanu incorporated The Hardley Apartments Limited on April 22, 2004 on a shareholding agreement of 70 per cent to Kanu and 30 per cent to the claimant.
According to him, in the course of running the business it became imperative for them to obtain a bank loan of N457m to raise the hotel to the five-star status.
Touuble started between him and Kanu, he claimed, when the loan was being repaid, which resulted in his prosecution.