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Landlord Accuses AMCON of Flouting Court Order
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Company seeks FG intervention over property takeover
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Lagos community accuses AMCON of estate takeover, ignoring court order
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By Ugo Aliogo
Following the reported seizure of some plots of land at Victory Park Estate in Lekki, Lagos State, by the Assets Management Corporation of Nigeria (AMCON), the estate ownersâ association yesterday called on the federal government to review the corporationâs conduct.
The association alleged that AMCON violated court orders when it sold some plots of land within the estate.
Speaking to journalists at a media briefing organised by the Association of Victory Park Estate Bare-land Owners in Lagos yesterday, the Managing Partner of Pistis Partners law firm, Mayowa Owolabi, who represented some of the affected members of the association, claimed that the association acquired several plots of land within the estate from a company called Knight Rook Limited through an affiliated company called Grant Properties Limited in 2002.
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.