The Asset Management
Corporation of Nigeria
(AMCON) on Thursday
morning took over the
assets of three companies
belonging to Senator Ben
Murray Bruce.
The companies affected by
the takeover are Silverbird
Galleria Limited, Silverbird
Promotions Limited, and
Silverbird Showtime Limited.
AMCON had, by notice of
appointment dated April 18
appointed Muiz Banire as
Receiver/Manager over the
sprawling assets of the
three companies located at
133 Ahmadu Bello Way,
Victoria Island, Lagos, Plot
No 1161 (Silverbird Galleria);
Central Area Cadastral Zone
AOO, Abuja; and Abonnema
Wharf Road and Abali Park in
Port Harcourt City of Rivers
State.
PREMIUM TIMES had reported,
early Thursday, about the
intention of AMCON to seize
the properties, barring any
last-minute change of plans.
The takeover followed the
interim orders granted by
Justice Cecilia Olatoregun-
Ishola of the Federal High
Court, Lagos, on June 17
which allowed the Receiver/
Manager to take possession
of the said properties.
The properties were seen
locked up by the agents of
the Receiver/Manager in an
exercise carried out under
the supervision of men of
the Nigerian police as
directed by the Court order,
a copy of which was made
available to PREMIUM TIMES.
In the said order, Ben
Murray Bruce’s companies
are owing AMCON the sum of
N11 billion which the
companies have defaulted in
paying up.
Kunle Adegoke, counsel to
the Receiver/Manager, told
PREMIUM TIMES that the
sealing up of Mr. Bruce’s
properties on Thursday had
“all the paraphernalia of
legality.”
“Aside from the fact that the
receivership was done
pursuant to deeds of legal
mortgages duly executed by
the three companies and
guaranteed by Ben Murray
Bruce and four of his
brothers, there is a court
order backing same up,” Mr.
Adegoke said.
“It must be borne in mind
that innocent depositors’
money is what the
Commonsense propagator
and his brothers have been
living large and feeding fat
upon without recourse to the
interest of the real labourers
who own the money.”
Mr. Murray Bruce, using his
companies sometimes in 2005
and 2007, borrowed various
sums of money from the
Union Bank of Nigeria Plc and
defaulted in his obligations to
pay back, according to
AMCON.
“The said loan was
purchased by AMCON in 2011
after the capital base of
Union Bank was terribly
shaky,” Mr. Adegoke
continued.
“And the Commonsense
senator has persistently
failed to pay the loans and
yet has been pretending to
be concerned with the
welfare of Nigerians whom he
has been skinning alive in
order to remain relevant and
live like a king.”
Realizing that Mr. Bruce was
not ready to pay back the
money, AMCON appointed the
Receiver/Manager to
recover the loan.
Agents of the Receiver,
officials of AMCON, and large
contingents of armed
policemen were seen,
Thursday, sealing up the
premises of Silverbird Group
of Companies in Lagos, Abuja
and Port Harcourt.
Efforts to reach Mr. Bruce on
phone were unsuccessful as
calls to his mobile phones
were “being forwarded to
another number.”

wowmenow:
interesting buhari take over ben muray business hand over it to a yoruba man maiz banire
muiz is tinibu boy
they will sell his business to tinubu
continue mr president

Mekus68:
Chai.
Buhari has done it again...attacking all his political opponents n sealing off the existing companies once it is in the hands of the opposition, weather corrupt or not. forgetting that he's worsening the state of unemployment in the country.

ZOMBIES, is this the change u people voted for?

wowmenow:
interesting buhari take over ben muray business hand over it to a yoruba man maiz banire
muiz is tinibu boy
they will sell his business to tinubu
continue mr president

wowmenow:
interesting buhari take over ben muray business hand over it to a yoruba man maiz banire
muiz is tinibu boy
they will sell his business to tinubu
continue mr president

Mekus68:
Chai.
Buhari has done it again...attacking all his political opponents n sealing off the existing companies once it is in the hands of the opposition, weather corrupt or not. forgetting that he's worsening the state of unemployment in the country.

ZOMBIES, is this the change u people voted for?

SuperS1Panther:


It was right of Mr. Bruce to collect the money of pepper seller from SW, fish seller from SS, ariara market trader from SE, yam farmer from NC, tomato farmer from NE and cattle rearer from NW, without paying back?

Out of you, Mr.Bruce and Satan, only God knows who is more wicked.

wowmenow:


how do you know if amcon is saying the truth
wait until ben speak