AMCON Archives - Legal Nigeria

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Court strikes out AMCON’S N8.2 billion suit against bank

Admin 1 2 years ago

By Ngozi Egenuka 08 February 2022 | 1:30 am Justice Inyang Ekwo of the Federal High Court, Abuja has struck out a suit filed by the Asset Management Corporation of Nigeria (AMCON) against a new generation bank and two others. […]

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Jimoh Ibrahim Loses Appeal Over AMCON N69.4bn Debt

Admin 1 2 years ago

By Kingsley Ighomwenghian The Court of Appeal in sitting in Lagos, on Friday, December 10, in a unanimous decision, dismissed an appeal by the Chairman of Global Fleet Group, Barrister Jimoh Ibrahim, challenging the decision by the Asset Management Corporation of […]

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AMCON: Appeal Court Grants Jimoh Ibrahim 14 Days To File Appeal

Admin 1 2 years ago

By Bolu-Olu Esho The Court of Appeal sitting in Lagos has ruled that Barr. Jimoh Ibrahim be granted time to file his appeal within 14 days. Ibrahim had brought before the court an application for an extension of time to file […]

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Court freezes bank accounts, seizes properties over alleged N212m debt

Admin 1 2 years ago

By Joseph Onyekwere Justice Tijjani Ringim of the Federal High Court, Lagos, has frozen the accounts of two defendants – Adeniyi Adeoye and Mopelola Adeoye – in all banks over their alleged N212,112,792.36 debt to the Asset Management Corporation of Nigeria […]

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Lagos High Court hears suit on Ikeja mortgaged property

Admin 1 6 years ago

By Yetunde Ayobami Ojo Legal battle over the soul of the landed property situate at 5, Oduduwa Street, GRA Ikeja, Lagos between the Administrators of the Estate of the late Samuel Iyiola Omotoso, Ecobank Nigeria Plc and Registrar of Titles, Lagos […]