Assets Management Corporation of Nigeria (AMCON) Archives

This is not the best time for Mr. Bamidele Opeymi Michael, popular called MOB, as all judicial steps taken to stop Assets Management Corporation of Nigeria (AMCON) from prosecuting a debt recovery suit against him had failed both at Federal High Court and Court of Appeal. This was sequel to the struck out of his appeal by a Lagos Division of Court of Appeal, challenging an exparte order granted by Justice Saliu Saidu led-court, which in the interim, forfeited some of his shares to AMCON and freezing of his bank…