Security operatives shut down Leadership Newspapers over N100m debt

Currently, the head office of the Leadership Newspapers located in Utako, Abuja is under siege by security operatives over 100 million Naira debt.

It was gathered that the Newspapers is allegedly indebted to one Senator Isah from Niger State.

The operatives working under a court order has been mandated to shut down the office and claim all Leadership property including all vehicles found within the premises belonging to the Newspapers.

Already, about six vehicles have been towed away by the assigned officers.

Security operatives, prior to the raid of the office had equally visited his home and carted away important equipment in his house.

The Senator had about 7 years ago approached the court over a libellous publication against him by the newspapers. He, however, won the case and was awarded 100 million Naira.

Newsmen was reliably informed that the official vehicle of the General Editor has equally been towed away by the officers.

Staff of the Newspapers are currently working for free as they are being owed for more than 20 months.

It was gathered that the editorial staff were recently paid quarter salary, after several months of no renumeration.

A source told our reporter that the Publisher, Nda Isaiah rakes in millions on a daily bases but intentionally refuses to pay his staff.

” He lives in a house worth more than 1 billion Naira, yet he treats those working with him with disdain,” the source said.

Speaking about the terrible condition of the Newspapers due to poor management, our source said,

” Leadership has only one computer in the whole of the newsroom. All systems in the offices have crashed and the Publisher is unable to replace them. This goes to show how the Newspapers is being run. I can say the operatives are unlucky as they won’t find computers in the offices.

” And he is found of embarrassing the staff even when he is not paying. Imagine a pharmacist embarrassing and enslaving trained journalists.

”You heard about the disclaimer on Duro Hassan. This is the same guy that brought in over N130m for 400 pages of adverts. Simply because he removed N6million commission and another N2million of his salary, the Publisher dragged him to the police, and lost. Because he lost, he ordered that continuous publication of disclaimers on him. This is sad,” the source lamented.

Another source told Newsmen that he is being owed 3 million Naira salaries. He said Leadership is dead and the killer is the Publisher, Nda Isaiah. He rakes in millions from adverts and we don’t know how the monies are being spent.

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