Again, Jimoh Ibrahim Loses Several Assets to AMCON in Court
A Court of Appeals, sitting in Lagos, has dismissed an appeal filed by controversial business man and Chairman of Global Fleet Group, Jimoh Ibrahim, challenging the Asset Management Corporation of Nigeria (AMCON)’s seizure of his 12 assets and freezing of…
Ifeanyi Ubah’s Capital Oil Accounts Frozen
A Federal High Court, Lagos Division, on Wednesday granted the request of the Asset Management Corporation of Nigeria for an interim injunction freezing the accounts of Capital Oil and Gas Industries Limited, a company owned by Ifeanyi Ubah. Justice M. B….
Buhari Sacks AMCON Management, Appoints Replacement
President Muhammadu Buhari on Tuesday dissolved the Executive Management Team of the Assets Management Corporation of Nigeria (AMCON), appointing Ahmed Lawan Kuru as it’s Managing Director. Kuru was the Group Managing Director of Enterprise Bank Limited, until his appointment. He…
