Contrary to claims made by the Federal High Court denying the involvement of the Asset Management Corporation of Nigeria (AMCON) in the annual training for Nigerian judges in London, UK, SaharaReporters learnt the training was organised by consultants for AMCON, Legal Academy. SaharaReporters on Friday reported that the training of top judicial officers in London was reportedly bankrolled by AMCON and that it had provoked controversy back in Nigeria.
Lagos estate residents accuse AMCON of encroachment, disregard for court orders
A representative for the residents said AMCON is reselling the disputed properties in a clandestine manner and encouraging the buyers to start construction on the lands.
Residents and property owners in Victory Park Estate, Lagos, have alleged that the
Asset Management Corporation of Nigeria (AMCON) is encroaching on their lands in disregard of court orders.
The lawsuit which was scheduled to be heard on April 14 in the Lagos High Court was stalled by the judicial workers union industrial action embarked upon on April 6.
The property owners, under the aegis of Association of Victory Park Estate Bare Land Owners in Ikoyi area of Lagos, raised an alarm that AMCON’s action violates the doctrine of “Lis pendes,” a Latin term for a pending suit.