Nobody in Nigeria can seize my property — JIMOH IBRAHIM

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.’’