Prince Arthur Eze denies breach of contract and is counter-suing for the return of his depositA couple who say they were left out of pocket after a Nigerian prince pulled out of buying their nine-bedroom home are suing him for £1.8 million. Richard and Deborah Conway claim they faced a massive “funding hole” when the billionaire oil magnate Prince Arthur Eze withdrew from buying their £5 million house in Mill Hill, northwest London. They had already exchanged contracts on the property and were committed to buying a new home in Cambridgeshire after setting their hearts on relocating, the High Court was told. Richard and Deborah Conway were forced to sell their house in Mill Hill, northwest London, at a reduced pricePrince Eze’s failure to complete the purchase forced them to take out an expensive bridging loan, they said. They eventually had no choice but to sell their home at a reduced price of £4.2 million, Judge Andrew Keyser…

Source: The Times December 06, 2017 00:11 UTC