Kwese TV has been threatened with a lawsuit over contract relating to the World Cup. This is coming days after it was reported that the Econet’s Pay-TV company had shutdown operation four years after making an inroad into Africa’s cable TV market.
What happened? Kwese TV was said to have contracted So Dave Classic Limited in 2018 for flyer production to create awareness for the World Cup held in Russia. The company was tasked to produce 150,000 AS Flyers that would be circulated in Rivers, Bayelsa, Akwa Ibom and Edo State.
According to a report, the Flyers for the South-South Region were agreed to be produced at the price of N7 per copy in a week, however, Kwese TV is yet to make payment for the World Cup AS Flyers a year after.
The Regional Sales Manager of Kwese TV, Uche Eliliga, was said to have acted on behalf of the company. It was learnt that Kwese owes the company N1.069,000 for the contract which was delivered on the 14 of June 2018.
In the letter sent to Kwese TV, David Wetan, the Managing Director of So Dave Classic Ltd disclosed that, “I was directed to produce the flyers for the company in less than a week in order to create awareness for the World Cup 2018.
“The company did not mobilise us (So-Dave Classic) for the job and promised to pay on delivery. It is over a year plus, I am yet to get payment from Kwese.”
Bad business: Wetan said the transaction was no longer as profitable as it should be.
“The loan I took from my financiers has grown beyond One million, fifty thousand naira.”
The ultimatum given to Kwese: The letter informed Kwese TV that it has seven days to make the payment alongside accrued interest, else, it would be dragged to court.
“Please note that if after seven days from the date of this letter you further fail, refuse and neglect to pay the said sum into the law office, we shall have no other alternative than to put into effect our client’s brief to commence an action against you in a court of competent jurisdictions,” So Dave Classic Limited’s lawyer, Chris Ezenwa Anokam, said.