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Alleged N69bn debt: Court fixes Jan 24 for AMCON’s suit against Jimoh Ibrahim



A Federal Excessive Courtroom in Abuja has mounted January 24, 2022 for a go well with filed by the Asset Administration Company of Nigeria (AMCON) for a keep of execution of orders granted Jimoh Ibrahim over alleged N69billion debt.

On Monday, Justice Okon Abang mounted the date after AMCON’s request for reconsideration of the Courtroom of Enchantment verdict.

The adjourned date would both be to say the go well with or abide by the choice of the Courtroom of Enchantment.

NAN studies that AMCON was not in court docket whereas Ibrahim was represented by Oladele Oyelami, who held temporary for Adeniyi Akintola (SAN).

Oyelami instructed the court docket that the matter was slated for listening to the discover of attraction served on the defence on September 30 by AMCON.


AMCON, by way of its lawyer, Ade Adedeji (SAN) indicated intention attraction the orders made in favour of Ibrahim and his firms.

The movement filed for a keep of execution has go well with quantity: FHC/ABJ/001/2021.

On February 22, Justice Abang vacated the orders obtained by AMCON in support of Taiwo Lakanu, the receiver/supervisor appointed to handle Ibrahim’s seized belongings.

The federal government company had taken possession of the billionaire’s NICON Funding Ltd and World Fleet Oil and Gasoline Ltd.

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