Alleged N69bn debt: Court vacates order obtained by AMCON's over Jimoh Ibrahim's assets
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Naija247news.com is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.
By Alex Enumah The Federal High Court, sitting in Abuja, yesterday set aside the interim order through which the Asset Management Corporation of Nigeria (AMCON) seized property belonging to a businessman, Mr. Jimoh Ibrahim, for an alleged N69.4 billion debt. Justice Okon Abang set aside the order made on January 4, allowing a receiver/manager appointed by AMCON to manage the assets belonging to Ibrahim. The judge set aside the order on the grounds that AMCON concealed facts relating to the case in order to obtain an interim order in aid of Mr. Taiwo Lakanu, the receiver/manager it purportedly...
By Deji Elumoye The Senate has ordered a probe into the petition written against the Chairman of the Federal Character Commission (FCC), Mrs. Muheeba Dankaka, over allegations of abuse of office. To this end, its Committee on Federal Character and Inter-governmental Affairs yesterday began investigative hearing into the allegation against the Chairman and Chief Executive Officer of the FCC who was appointed in April, 2020 by President Muhammadu Buhari. Some Commissioners of the Federal Character Commission had in the petition to the Senate accused the Chairman of the Commission of abuse of of...
TODAY February 10, 2021 The Senate has ordered a probe into the petition written against the Chairman of the Federal Character Commission (FCC), Mrs. Muheeba Dankaka, over allegations of abuse of office. To this end, its Committee on Federal Character and Inter-governmental Affairs yesterday began investigative hearing into the allegation against the Chairman and Chief Executive Officer of the FCC who was appointed in April, 2020 by President Muhammadu Buhari. Some Commissioners of the Federal Character Commission had in the petition to the Senate accused the Chairman of the Commission of a...
The government is following a four-pronged approach to reduce the compliance burden on businesses and promote ease of living, said DPIIT Secretary Guruprasad Mohapatra. These are decriminalising minor offences in all central government laws, removing redundant laws, introducing citizen governance, and easing license requirements for businesses, Mohapatra told journalists. Ministries have asked to identify outdated laws, rules and regulations that “do not promote ease of living living or ease of doing business”, Mohapatra said. About 1,400 such Acts have already been removed since the g...