Page 3 - John Abebe News Today

Punch Newspapers Sections Nike Popoola The Asset Management Corporation of Nigeria has said it took over an asset belonging to the Chief Promoter of Inducon Nigeria Limited, Dr. John Abebe, over N1.3bn debt. In a statement on Sunday from the Head, Corporate Communications Department, AMCON, Jude Nwauzor, titled ‘N1.3bn debt: AMCON takes over assets of Inducon Nigeria Limited’ it said this followed the order of Honourable Justice Aikawa of the Federal High Court, Lagos. “In compliance with...

Mr Tayo Ayeni, a former chairman of the defunct Skye Bank (now Polaris Bank), has accused his business partner, Captain Hosa Okunbo, of mismanagement, stealing and diversion of millions of funds belonging to their company, Ocean Marine Security (OMS) Limited. Ayeni made the allegation in a petition to the Economic and Financial Crimes Commission (EFCC) through his lawyer, Mr Femi Fálànà (SAN). He also accused Okunbo in the petition of scheming him out of the company. Ayeni’s lawyer, Falana...

A former chairman of the defunct Skye Bank (now Polaris Bank), Mr Tunde Ayeni, has dragged his business partner, Captain Hosa Okunbo, to the Economic and Financial Crimes Commission (EFCC) for alleged mismanagement, stealing and diversion of funds from their company – Ocean Marine Security Limited. In the petition written by his counsel, Mr Femi Fálànà (SAN), Ayeni gave a vivid account of how Okunbo tried to scheme him out of the company.