APC National Leader, Bola Tinubu, has withdrawn his N150 billion libel suit he filed against DAAR Communications Plc, the owner of African Independent Television, over the documentary titled "Lion of Bourdillon" which was aired on the station in the build-up of the 2015 general election.
Tinubu argued that the documentary was aimed at tarnishing his image.
At the resumed hearing of the case today February 5th, counsel to Bola Tinubu, Wole
Olanipekun and AIT's counsel, Mike Ozekhome, announced to the judge, Justice Iyabode Akinkugbe, that both parties have agreed for an out of court settlement after the management of AIT on January 29th, sent a letter of apology to Tinubu.
The letter in part reads
"DAAR Communications Plc acknowledges that Asiwaju Bola Ahmed Tinubu is an outstanding political leader of unblemished character and integrity, as well as a leading public figure and opinion-moulder, who has made and continuous make immense contributions to the progress and development of the nation in general and Lagos State in particular. DAAR Communications Plc admits that in airing the said documentary, it had no intention, whatsoever, to embarrass or diminish the high reputation of Asiwaju Bola Ahmed Tinubu which it respects and attests to”Confirming the request for an out of court settlement, Olanipekun urged the court to adopt the settlement terms and allow them settle out of court. Justice Akinkugbe after adopting the settlement by both parties, ordered DAAR Communications Plc to publicly and unequivocally retract the documentary and also tender an unreserved public apology to Tinubu.