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Ex-international Kanu Nwankwo May Lose Hotel Over N5bn Obligation - Sports - Nairaland

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Ex-international Kanu Nwankwo May Lose Hotel Over N5bn Obligation by abokikhalifa: 11:52am On Dec 13, 2015
If not well attended to, ex-captain of the Super Eagles and worldwide footballer, Kanu Nwankwo may lose his rich hotel, The Hardley Apartments arranged on Victoria Island, Lagos over a N9bn obligation.

In a report by Daily Trust, a Federal High Court in Lagos as of late requested that all account having a place with Kanu and Hardly Apartments be frozen pending hearing of suit documented by the Asset Management Corporation of Nigeria



An affirmation by a Credit Officer of AMCON, Victor Igabor, which was contended by Barrister Niyi Olopade, demonstrates that between May 2008 and January 10, 2011, Skye Bank Plc offered The Hardley Apartments situated at Plot 46, Waziri Ibrahim Crescent, Victoria island, Lagos, a lone of over N5bn.

The affirmation said the organization secured the lone through a mortgage on its three pieces of 40 convenience units esteem at N395m which was ensured by the Director of the organization, Ayoola Gam-Ikon and Kanu.

It expressed that the litigants' inability to reimburse the obligation with the gathered premium put at N558,313,905.37 as at April 1, 2011 regardless of rehashed interest drove the bank to appointing the respondents obligation to AMCON as a lethal bank resource in accordance with the set up goal of AMCON.

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[url][/url]http://candygist..com.ng/2015/12/ex-international-kanu-nwankwo-may-lose.html[url][/url]

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