National leader of the All Progressives Congress, APC, Senator Bola Tinubu and the Chairman of DAAR Communications, High Chief Raymond Dokpesi, on Thursday, opted for an out of court settlement in a libel suit.
Tinubu agreed to accept Dokpesi’s unreserved apology as settlement for the libellous documentary “Lion of Burdillion” aired on Africa Independent Television, AIT.
Tinubu had instituted the N150 billion suit before an Ikeja High Court against DAAR Communications Plc, owners of AIT, for airing the documentary.
In the suit, Tinubu alleged that the documentary, which started airing on March 1, 2015, was libellous and aimed at tarnishing his image.
On Thursday, Counsel to Dokpesi, Mike Ozekhome SAN informed the court of his client’s wish to embrace alternative dispute resolution.
“Both parties have expressed their desire to settle amicably based on the terms of settlement which my honourable lord has been furnished with. We reached the agreement to enable both parties to continue with the good relationship that they have always had. We have driven the devil away with a spiritual “Koboko,” Ozekhome told the court.
Tinubu’s Counsel, Wole Olanipekun SAN also informed the court of his client’s willingness to settle out of court.
Consequently, Justice Iyabo Akinkugbe adopted the terms of settlement and acknowledged that it has been filed before the court.
The terms of agreement include a retraction of the broadcast by AIT, an apology by AIT, which should be aired three times, once daily on AIT and that the claimant and the defendant shall bear their respective costs in the suit.

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