Lagos estate residents accuse AMCON of encroachment, disregard for court orders
A representative for the residents said AMCON is reselling the disputed properties in a clandestine manner and encouraging the buyers to start construction on the lands.
Residents and property owners in Victory Park Estate, Lagos, have alleged that the
Asset Management Corporation of Nigeria (AMCON) is encroaching on their lands in disregard of court orders.
The lawsuit which was scheduled to be heard on April 14 in the Lagos High Court was stalled by the judicial workers union industrial action embarked upon on April 6.
The property owners, under the aegis of Association of Victory Park Estate Bare Land Owners in Ikoyi area of Lagos, raised an alarm that AMCON’s action violates the doctrine of “Lis pendes,” a Latin term for a pending suit.
Parliament Hansard Report – Petitions, Papers, Select Committee Reports, and Introduction of Bills – 000629 livenews.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livenews.co.nz Daily Mail and Mail on Sunday newspapers.