Kanu drags AMCOM to court over confiscation of property

Date:

Nigeria football legend, Nwankwo Kanu has dragged Assets Management Corporation of Nigeria (AMCON) to a Federal High Court in Lagos for allegedly taking possession of Hardley Apartments that belongs to the former Super Eagles captain despite existing court ruling against the confiscation
The hearing is scheduled to come up on February 16, 2021 on a contempt of court against AMCON
Though, the AMCON is seeking to recover an alleged N924million debt owed by Hardley Apartments, Justice Chukwujekwu Aneke however fixed the February date for hearing for contempt of court filed by Kanu’s lawyers pending other applications.
DailySun recalls AMCON filed the suit in 2015 with Hardley Apartments and its Director, Ayoola Gam-Ikon as first and second defendants.
Kanu accused AMCON of inducing the protracted nature of proceedings “due to their refusal/inability to obey specific order of court to provide the full statements of accounts, by which they came to the position of the purported indebtedness.”
The 1996 Olympic gold medallist said the statement had become necessary, “in the light of some bizarre actions of self-help/recklessness embarked upon by AMCON in vandalising/stripping assets, under the guise of renovations, but ostensibly with a clandestine design to brazenly sell or hand it to a third party.”

READ MORE  Olympic qualifier: Super Falcons Tackle Ivory Coast

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Maryam Babangida Center for Women Devt gets first wheel chair ramp after 34 years

The Maryam Babangida National Centre for Women Development has...

Isak fires Liverpool To 2-1 comeback win over Brentford

Liverpool came from behind to beat Brentford 2-1 in...

Women World Cup 2026: DPR Korea thrash Puerto Rico 6-0, Germany stun Argentina

Germany fought back to beat Argentina 2-1, while defending...

Haaland hat-trick fires Man City To 3-2 win over Ipswich

Erling Haaland scored a hat-trick as Manchester City survived...