Wednesday 22 June 2016

Nobody in naija can seize my property

The Group Chairman of NICON Investment
Limited, Mr. Jimoh Ibrahim, said yesterday
that nobody in
Nigeria can seize his
properties.
Ibrahim, who in a statement yesterday, was
reacting to a report which said a Federal
High Court sitting in Lagos, had given
Assets Management Company of Nigeria,
AMCON, an interim judgement to take over
his firms over N50 billion debt, said: ‘’My
attention has been directed to lies being
spread around by an institution called
AMCON over an interim order of injunction
she had lied to collect before an innocent
Federal High Court in Lagos.
‘’AMCON is aware that we keep a deposit of
Eighty-Six billion Naira or 172 million pounds
with Union Bank and AMCON is aware that
application to collect the money from Union
Bank is pending before an Ikeja High Court.
All of these facts, it has not disclosed to an
innocent Federal High Court.
‘’AMCON deceived Nigerians to believe that
they got judgement against me when there
was nothing like that. An interim order of
any court last for 14 days. AMCON is
executing the interim order even when the
Judge has not signed the execution writ.
‘’We have since filed an application to
discharge the interim order. I'm not in the
category of people that AMCON or anybody
can intimidate. It is laughable and a wide
ambition to say anyone in Nigeria can seize
my property! What a day dream!!
‘’We shall abide with the law and any interim
order of court even when they are made in
error as we are not far away from justice.’’

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