Metro Arms Deal: The Nation Newspaper Returns N9m to NPAN

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Vintage press limited has returned the N9 million it received as compensation for the seizure of copies The Nation and SportingLife in June, 2014 which has been linked to the arms deal scam of Ex-NSA boss, Sambo Dasuki.

It will be recall that Sun Newspaper and other media outfits had since returned certain amount of money received from NPAN as compesation for the destruction of their publications during Jonathan's administration while PUNCH newspaper suspended its membership with the body.

In a statement yesterday, the organisation explained why it took the decision.

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It said: “We are again compelled to comment on the N9 million received by Vintage Press Limited as compensation from the government of ex- President Goodluck Jonathan through the Newspapers Proprietors Association of Nigeria (NPAN) for the seizure of our publications, The Nation andSportingLife in June, 2014

“We do this for two reasons. First, to restate the sequence of events that culminated in the payment , thereby debunking insinuations about the motive for the compensation. Second, to inform the public that the N9 million collected from NPAN on behalf of the Jonathan government has been returned to the association .

“This decision was arrived at on Wednesday by the Board and Management of Vintage Press Limited after a painstaking examination of the legal and moral issues arising from the compensation


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