The businessman, Jimoh Ibrahim, on Monday, urged a Federal High Court sitting in Abuja to strike out a motion filed by the Asset Management Corporation of Nigeria (AMCON) against its order.Mr Ibrahim, through his counsel, Oladele Oyelami, prayed Justice Okon Abang following the plaintiff’s absence in court to take the application.AMCON had filed a stay of execution of order the court granted Ibrahim over alleged N69 billion debt.The development followed the application filed by lawyer to AMCON, Ade Adedeji, SAN, to appeal the orders made in favour of Ibrahim and…
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Unpaid AMCON loan: Court orders Benue workers’ salary accounts to be unfrozen
A Federal High Court, Abuja, on Friday, ordered that the salary accounts of Benue State workers be unfrozen, following a plea by the state government over inability to pay workers’ salaries.Justice Inyang Ekwo gave the order after the application for lease of salary accounts and verifying affidavit was moved by counsel to the state government, Terkura Pepe, SAN.The salary accounts to be unfrozen are domiciled in Fidelity Bank Plc, United Bank for Africa (UBA) and Access Bank Plc. The News Agency of Nigeria (NAN) reports that Justice Ekwo had, on…
Read More4 banks complied with order on freezing Benue govt accounts -AMCON tells court
Four commercial banks in the country have complied with the order of a Federal Hig Court, Abuja, directing the freezing of all bank accounts of Benue Government. The four banks include First City Monument Bank Plc, Standard Charterred Bank Ngeria, Suntrust Bank Nigeria Ltd, and Wema Bank Plc. Counsel to the Asset Management Corporation of Nigeria (AMCON), Ogechukwu Okeke, on Tuesday, told the presiding judge, Justice Inyang Ekwo, when she presented the report on compliance to court order. The News Agency of Nigeria (NAN) reports that Justice Ekwo had, on…
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