Tag: AMCON

Alleged N69bn debt: Jimoh Ibrahim prays court to reject AMCON’s plea

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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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4 banks complied with order on freezing Benue govt accounts -AMCON tells court

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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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