By Abdulmumini Adeku.
Champion Newspapers owned by Multi billionaire business
mogul,Chief Emmanuel Iwuanyanwu is at the moment under lock and key due to debt
of over 27 months in a row.
An impeccable source told Paedia Express Multimedia in
Lagos,Nigeria that as at the time of going to press the company’s workers were
making final arrangement to use their local union to file a case on there
behalf with the National Industrial court through the Federal Ministry of
Labour and Productivity.
The source revealed that the management which is headed by
the proprietors daughter seems to have
lost every ideas to revive the brand that was once the leader of the eastern market and
wondered why the chairman of the company ,Chief Iwuanyanwu refused to sell to multi billionaire publisher, Orji Uzor
Kalu when the latter wanted to by stakes in the brand to the tune of N3Billion
recently.
The Publisher of the Source Magazine,Dame Comfort Obi was
also said to have been interested in buying the brand over but decided to pull
the plug in the deal at the eleventh hour.
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