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The Asset Management Corporation of Nigeria (AMCON) on Wednesday has taken over 12 assets and all bank accounts belonging to controversial billionaire and Chairman of Global Fleet Group Barr. Jomoh Ibrahim, over N69.4 billion debt.
Boldness learned that the action was in pursuant to an order issued by Justice R.M. Aikawa of a Federal High Court, in Lagos.
BoldNews further gathered that the asset management through its debt recovery agent, Pinheiro Legal Partners, took possession of all 12 properties, including the building of NICON Investment Limited at Plot 242, Muhammadu Buhari Way, Central Business District, Abuja; NICON Hotels Limited building at plot 557, Port-Harcourt Crescent, Off Gimbiya Street, Abuja and the building of NICON Lekki Limited also at No. 5, Customs Street, Lagos.
Other seized assets include: the building of Abuja International Hotels Limited located at No. 3, Hospital Road, Lagos; a choice Property at Plot 242, Muhammadu Buhari Way, Abuja; the former Allied Bank Building on Mile 2, Oshodi Express Way, Apapa Road, Lagos; Energy House located on No. 94, Awolowo Road, Ikoyi, Lagos; NICON Building at No. 40, Madeira Street, Maitama, Abuja; a Residential Apartment at Road 2, House A14, Victoria Garden City, Lagos; NICON Hotels Building at Plot 3, Road 3, Victoria Garden City, Lagos as well as the NICON Luxury Hotel’s Building, Garki I, FCT, Abuja

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