Tag: AMCON
Appeal Court halts Polaris Bank, AMCON sale of Lagos hotel
A Court of Appeal sitting in Lagos has stopped the sale of Intercontinental Hotels, Lagos by Polaris Bank and Asset Management Corporation of Nigeria...
CBN, AMCON sell Polaris Bank to new investor
The Central Bank of Nigeria (CBN) and the Asset Management Corporation of Nigeria (AMCON) on Thursday announced that Strategic Capital Investment Limited (SCIL) has...
N727m debt: Court orders AMCON to take over Babatunde Folawiyo’s assets
A Federal High Court in Lagos has granted an order for the Asset Management Corporation of Nigeria (AMCON) to take over the assets of...
EFCC quizzes AMCON MD Ahmed Kuru
The Economic and Financial Crimes Commission (EFCC) on Wednesday interrogated the managing director of Assets Management Company of Nigeria (AMCON) Ahmed Kuru.
It was gathered...
N924m debt: Court fines Nwankwo Kanu, hotel N30,000 for delaying proceedings
A Federal High Court in Lagos on Friday fined ex-international Nwankwo Kanu and his hotel Hardley Apartment N30,000 for stalling the scheduled hearing of...
Court freezes Benue govt, firm’s bank accounts over debt owed AMCON
A Federal High Court, Abuja has ordered that all bank accounts of Benue State Government in specified banks in Nigeria be frozen following its...
AMCON seizes ex-Kwara gov Abdulfatah Ahmed’s houses over N5bn debt
The Assets Management Corporation of Nigeria (AMCON) has taken over assets belonging to former governor of Kwara State Abdulfatah Ahmed over N5 billion debt.
AMCON...
AMCON drags Jimoh Ibrahim to Appeal Court over N69.4bn debt
Following a court ruling, the Asset Management Corporation of Nigeria has filed a notice of appeal at the Court of Appeal, Abuja to recover...
AMCON: Court vacates order against Jimoh Ibrahim’s assets
The Federal High Court, Abuja on Monday set aside the interim order through which the Asset Management Corporation of Nigeria (AMCON) seized property belonging...
Court declines Jimoh Ibrahim’s bid to reclaim seized property
The Federal High Court in Lagos on Tuesday rejected an application by businessman Jimoh Ibrahim seeking to reclaim his seized property.
Mr Ibrahim's property were...