Ogboru a Chronic Debtor, hates paying debts —AMCON

FEB 07, 2015 BY ADE ADESOMOJU

Asset Management Corporation of Nigeria on
Thursday described former governorship candidate
for the Democratic Peoples Party in Delta State, Great
Ogboru, as a “chronic debtor.”
AMCON’s lawyer, Kunle Ogunba,SAN, said this at a
Federal High Court, Lagos, while reacting to an
application by Ogboru, challenging the court’s
jurisdiction to entertain a debt recovery suit filed
against him.
Ogunba said Ogboru “is a chronic debtor who does
not like to pay his debt.”
He said Ogboru was always jumping from one court
to another court to get injunction to stop AMCON’s
recovery process.
The lawyer said Ogboru and his company, Fiogret
Limited, who are both defendants in the suit, “take
delight in taking loan from banks, without paying
back”.
“The action of people like Ogboru wrecked some
banks in Nigeria,” Ogunba said.
Ogboru, in another application filed through his
lawyer, Prof. McCarthy Mbadugha, described the suit
as an abuse of court process, claiming that there was
a pending suit before a Federal High Court, Abuja, on
the same subject matter.
Mbadugha added that the federal court had earlier
perpetually restrained AMCON from taking over
Ogboru’s properties.
He also urged the court to dismiss the suit, saying it
was unacceptable for Ogunba to appear as a counsel
for AMCON.
Part of his grounds for seeking that the suit be
dismissed was on the grounds that Ogunba already
had financial interest in the matter, having been
appointed as receiver/manager of Ogboru’s property
that AMCON had earlier seized.

http://www.punchng.com/news/ogboru-hates-paying-debts-amcon/

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