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It is laughable and a wide ambition to say anyone in Nigeria can seize my property – Jimoh Ibrahim

written by Samuel Etuk June 22, 2016
It is laughable and a wide ambition to say anyone in Nigeria can seize my property – Jimoh Ibrahim

Businessman and Chairman of NICON investment Limited, Jimoh Ibrahim, on Tuesday, reacted to the court order that granted the Asset Management Company of Nigeria (AMCON) the right to seize his properties over a N50 billion debt.Jimoh-Ibrahim

Jimoh, in a statement, described AMCON as liars, saying the company had lied to obtain the interim injunction from a federal high court sitting Lagos. He said that an application to dismiss the interim injunction has been filed.

“My attention has been directed to lies being spread around by an institution called AMCON over an interim order of injunction she had lied to collect before an innocent Federal High Court in Lagos.”

“AMCON is aware that we keep a deposit of Eighty-Six billion Naira or 172 million pounds with Union Bank and AMCON is aware that application to collect the money from Union Bank is pending before an Ikeja High Court. All of these facts, it has not disclosed to an innocent Federal High Court.”

“AMCON deceived Nigerians to believe that they got judgement against me when there was nothing like that. An interim order of any court last for 14 days. AMCON is executing the interim order even when the Judge has not signed the execution writ.”

“We have since filed an application to discharge the interim order. I’m not in the category of people that AMCON or anybody can intimidate. It is laughable and a wide ambition to say anyone in Nigeria can seize my property! What a day dream.”

“We shall abide with the law and any interim order of court even when they are made in error as we are not far away from justice.”

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Samuel Etuk

Passionate unapologetic Nigerian, highly spontaneous, web content writer cum social media strategist, gidi hustler and Akwa-ibomite in diaspora

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