Ibrahim, NICON Investment Ltd and Global Fleet Oil and Gas Ltd, had contended that the court granted the order in error, alleging that AMCON concealed material facts in its ex parte application leading to the seizure order.
TODAY
February 16, 2021
Residents and landlords of Victory Park Estate, Lekki, Lagos State, have accused the Asset Management Corporation of Nigeria AMCON, of harassment over their property despite pending court cases and orders.
Two of such cases were filed by Mrs B. Ibude and Mr Okechukwu Okoli and his wife against AMCON and its receiver-manager Mr Lanre Olaoluwa.
The plaintiffs obtained injunctions against the respondents AMCON and Olaoluwa appealed.
The estate spans almost 50 hectares of land and is one of the gated communities in the Igbokushu area of Lekki Peninsula Scheme 1.
The residents are accusing AMCON and its receiver-manager of outright disregard for law and order and illegal use of official powers.
The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing.
Court rejects Jimoh Ibrahim s request to vacate AMCON s order on seized assets thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.