Wednesday, June 10, 2020

Nigerian fake pay-TV outfit TStv finally locked out after Abuja headquarters is repossessed with high court order, TStv fined millions after failure to pay rent for 3 years.

by Thinus Ferreira

The fake Nigerian pay-TV operation, TStv, mired in a web of lies and empty broken promises to the government, investors, installers and consumers and that never got off the ground has now finally lost its 5-storey Abuja headquarters as well, with a High Court eviction order, including a levelled fine with TStv that owes millions to the tenant in unpaid rent

The disastrous TStv that made several false promises of launching a new satellite pay-TV service in Nigeria to compete with MultiChoice's DStv and China's StarTimes never got off the ground, pirated TV channel signals from the Middle East and across Africa, made false content claimsstole other content, kept lying about sports content, and took millions from investors and installer agents without ever providing anything in return.

On Tuesday in Nigeria the law firm Rahael Adakole & Co (Lighthouse Chamber) led by Raphael Adakole, took possession of the Telcom Satellite Ltd. Television (TStv) headquarters in Abuja where the shady and elusive TStv managing director, Bright Echefu, owed rent since 2017.

Officers of the court as wellas 4 police officers went to the property to lock out TStv.

The High Court case sought to get the property back for the tenant, West African Business Platform Ltd., from TStv that entered a rental agreement on May 2017 for the preoperty in the Jahi District on Plot 1191, but that has been millions of naira in arrears.

TStv is now forced to "give up possession of the building together with its appurtenances, fixtures and fittings thereof", with the court order that also states that what's left of the imploded TStv to pay West African Business Platform N20,833,333 (R890 607) as general damages "to deter and serve as a lesson from from treating other unsuspecting landlords in such manner".

TStv is also liable for the cost of the case amounting to N10 million (R427 900) over which Justice Halulu presided.