Browsing: Asset Management Corporation of Nigeria (AMCON)

Justice Okon Abang, in a ruling on an ex-parte motion moved by Victor Ogbonna, counsel to Ibrahim and others, also directed the plaintiffs to commence committal proceedings against Director General, Bureau of Public Enterprises (BPE), Alexander Okoh.

The money was given to the corps members under an entrepreneurship and empowerment programme it initiated for corps members.

Justice Okon Abang fixed the date, following AMCON’s appeal filed against the order at the Court of Appeal.

According to the facts of the case, The Hardley Apartments had borrowed N457 million from Skye Bank in 2008 to expand the business making it one of the best boutique hotels in Lagos.