AMCON Allegedly Defiles Court Order, Demolishes Multi-million Property

AMCON reportedly ignored court order to demolish property valued between N400 million and N600 million – The property is owned by a late government contractor who died while owing Wema Bank N40 million – Before the death of the contractor, he was owned N32 million by the Ekiti State government for a road construction .
The founder of United Network of Youth for Peace and Diplomacy, Mojisola ogundiran, has revealed how the Asset Management Corporation of Nigeria (AMCON) seized her family’s property business by deceiving the court. Ogundiran said the property, situated in Durban, Wuse 2, Abuja, was seized following a debt issue involving her late father and Wema Bank. She stated her dad obtained a loan of N40 million from the lender, out of which he later paid N5 million.
The debt was later bought over by AMCON at N20 million. The debt issue has been on before her father passed away in 2015. Ogundiran stated she filed a lawsuit against the government agency to stop it from forcefully taking over their property which has become a source of livelihood for her family. However, AMCON reportedly ignored a court summon in Ibadan, Oyo State, but obtained an Exparte in a Lagos court, to effect the eviction and demolish the property worth N400 million to N600 million and sold it to unknown person – this is despite a pending court order. The decision by AMCON left her and the family homeless.
“AmconNg refused to appear in court in Ibadan where we instituted a case against them and currently having the hearin on d case. AmconNg refused to talk to us or give room for us to negotiate with them. AmconNg refused to respect d court motion we filed to set-aside the Exparte Order they collected without our notice (back door).
“AmconNg lied under oat: Amcon lawyer Clifford abandoned the ongoing case in Ibadan then went to Lagos to deceive the judge to collect an Exparte Order. He told the judge that there is no ongoing case regarding the “Matter in court in order to get an Exparte order. We got to know through our lawyer after obtaining the proceeds. AMCON now use the exparte order to evict us without notice, demolish our house and sell it to an unknown person.” She said in a statement.
Ogundiran said her family had planned to repay the loan through the N13 million reserved in family account and N32 million the Ekiti state government owed her father for the road he did for the government. “My father was a contractor. He did a road for Ekiti. He currently has an outstanding payment of N32 million that the @ekitistategov owe him. We also have N14 million in the family account to add to the outstanding.”
“My father was a contractor. He did a road for Ekiti. He currently has an outstanding payment of N32 million that the @ekitistategov owe him.(see picture) We also have N14 million in the family account to add to the outstanding Meanwhile, had reported earlier that the Nigerian National Petroleum Corporation recorded a shortfall in revenue after ending last year with $2.62 billion, against the $4.85 billion recorded in 2019. This is a loss of $2.23 billion when both periods were compared. During the period last year, the revenue declined to its lowest in October, ending the month with $54.09 million. The revenue from the oil and gas export dropped lower in December 2020 to $125.25 million, than what it recorded in January when the country recorded $626.79 million.

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