Tag Archives: Asset Management Corporation of Nigeria

Court Orders Takeover Of Donald Duke’s Ikoyi Property Over N537.3m Debt

A Federal High Court sitting in Lagos has ordered the Asset Management Corporation of Nigeria, AMCON, and United Bank for Africa to take over an Ikoyi, Lagos property of former governor of Cross River State, Mr Donald Duke, over an alleged N537,334,360.77 debt. According to Vanguard, the order was pursuant to an ex parte application,…

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Senator Murray-Bruce Reacts To AMCON Taking Over His Companies, Says The Situation Is Being Resolved

  Senator Ben Murray-Bruce, whose companies were this morning taken over by the Asset Management Corporation of Nigeria (AMCON) following court orders over loan default has assured the members of the public that the situation is being resolved. See his tweets below.   1-I have been on an international flight and have only just landed.…

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