Payporte enmeshed in N23.1m debt recovery suit

A suit seeking the winding up of the sponsors of the Big Brother Naija Show, Payporte Global System Ltd has been adjourned till May 4, 2020.

Vacant Board had filed a debt recovery suit against Payporte in 2015.

The Court had in its judgment delivered on May 27, 2016, awarded the sum of N23.1 million against Payporte in favour of the petitioner.

The petitioner, however, contends that on Feb. 27, 2017, the respondent made a part payment of N5 million, leaving a balance of N17.1 million which it has failed to liquidate till date, despite several demand letters.

It, therefore, filed a winding-up petition before the Federal High Court on Dec. 29, 2017, asking it to wind up Payporte, The Nation reports.

When the case came up for mention, Payporte failed to show up for the case while Vacant Board was well represented.

Following the turn of events, the court adjourned the case until May 4 for further mention.

Recall that in 2018, a group of former staff members of Nigerian eCommerce site PayPorte claimed that the company failed to pay their salaries since November 2017, despite being a headline sponsor of Big Brother Naija (BBNaija) and other shows.

Hello Nigeria. A lovely evening to you all. Some months ago, January to be precise, a certain Twitter account, made claims about PayPorte, one of Nigeria’s most popular e-Commerce Companies owing months of salaries. #BBNaija #JusticeForPayPorteStaff

— Ex PayPorte Staff (@ex_payporte_sff) March 12, 2018