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Oluwatosin Omojuyigbe
The Federal High Court in Lagos, on Tuesday, declined an application by a businessman, Jimoh Ibrahim, seeking to reclaim his properties seized by the Asset Management Corporation of Nigeria over an alleged indebtedness of N69.4bn.
AMCON had on November 4, 2020, obtained an interim order to seize about 12 properties from Ibrahim and his firms, Nicon Investment Limited and Global Fleet Oil and Gas Limited, in a bid to recover an alleged N69.4bn debt.
But Ibrahim and the firms have gone back to court with an application seeking to set aside the seizure order and recover the properties.
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Sunday Aborisade, Abuja
The Senate on Wednesday confirmed Mr Ahmed Kuru; and Bello Hassan as managing directors of the Asset Management Corporation of Nigerian; and Nigeria Deposit Insurance Corporation, respectively.
The confirmation of both nominees followed consideration of two separate reports of the Senate Committee on Banking, Insurance and Other Financial Institutions.
Also confirmed were Ebelechukwu Uneze and Aminu Ismail as executive directors of AMCON; and Muhammad Ibrahim as Executive Director of the NIDC.
The Chairman of the Committee on Banking, Insurance and Other Financial Institutions, Senator Uba Sani, said Kuru was confirmed as the MD of the AMCON in 2015.
Landlords Cry Out Over AMCON Harassment, Despite Court Order thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
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The Senate on Wednesday confirmed the nominations of Ahmed Kuru and Bello Hassan as Managing Directors of the Asset Management Corporation of Nigerian and the Nigeria Deposit Insurance Corporation, respectively.
The confirmation of both nominees followed consideration of two separate reports of the Senate Committee on Banking, Insurance and Other Financial Institutions.
Also confirmed are Ebelechukwu Uneze and Aminu Ismail as Executive Directors of
AMCON; and Muhammad Ibrahim as Executive Director of the Nigeria Deposit Insurance Corporation.
The Chairman of the Committee on Banking, Insurance and Other Financial Institutions, Uba Sani (APC – Kaduna Central), in his presentation, said Mr Kuru was confirmed as the Managing Director of the Asset Management Corporation of Nigeria in 2015, adding that “the Corporation saw tremendous and tangible transformation and performance in effectively discharging its mandate during his first tenure through the introduction o