Obasanjo s In-Law Bags Seven-Year Imprisonment 247ureports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 247ureports.com Daily Mail and Mail on Sunday newspapers.
Abebe, who was arraigned on July 26, 2018, is facing four counts bordering on forgery, fabricating evidence, using fabricated evidence and attempting to pervert the course of justice.
Following the order of Honourable Justice Aikawa of the Federal High Court, Lagos the Asset Management Corporation of Nigeria (AMCON) at the weekend took over an asset belonging to Dr. John Warimeme Abebe, the Chief Promoter of Inducon Nigeria Limited over a staggering indebtedness of over N1.3billion
In compliance to the enforcement order, AMCON at the weekend took effective possession of the property situate at Plot12, Block 108 Lekki Peninsula Residential Scheme, Lagos, through its Debt Recovery Agent Ogunsola Shonibare L.P.
The Court also ordered that the bank accounts of the company and its Directors, Dr. John Warimeme Abebe, Mr. Olawole Fatimilehin and Ademola Buraimoh be frozen pending the final determination of the suit.