The Group Chairman of NICON Investment Limited,
Mr. Jimoh Ibrahim, said yesterday that nobody in
Nigeria can seize his properties.
Ibrahim, who in a statement yesterday, was reacting
to a report which said a Federal High Court sitting
in Lagos, had given Assets Management Company
of Nigeria, AMCON, an interim judgement to take
over his firms over N50 billion debt, said: ‘’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.’’
