Andy Uba Debunks Claims of N50million loan.
By Obinna Odogwu The Senator representing Anambra South in the Senate, Sen. Andy Uba, yesterday debunked the N50 million debt allegations leveled against him by Oranto Petroleum Limited and its Chairman, Prince Arthur Eze. He insisted that he did not take any loan from Oranto Petroleum Limited or at anytime solicited for financial assistance from the company, its chairman or any other person for that matter. He said that the N50 million being claimed as debt by the company and its Chairman was money given out in installments in bits and in pieces by Prince Arthur Eze for the mobilization of party members. He maintained that he did not at anytime request for financial assistance from Arthur Eze for any reasons at all and had never had any cause to solicit for financial assistance from him. The reaction of the lawmaker was on the heels of a judgment delivered by Justice C.N. Mbonu – Nwenyi, sitting at Ekwulobia High Court, which ruled that the N50 million “gift” was a loan.