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AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah - Politics - Nairaland

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AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 7:49pm On May 18, 2018
AMCON takes possession of asset of Nigerian senator, Stella Oduah
May 18, 2018

Oladeinde Olawoyin

The Asset Management Corporation of Nigeria (AMCON) on Friday took over the asset of Sea Petroleum & Gas Limited and its affiliated companies.

The company is promoted by former Minister of Aviation and Nigerian senator, Stella Oduah.

A statement by Jude Nwauzor, AMCON spokesperson, said the organisation took possession of the company’s asset around 11:00a.m Friday.

The decision followed a judgement by Justice M.S. Hassan of the Federal High Court Lagos Division which granted an injunction against Sea Petroleum Oil & Gas Limited, on the application of AMCON.

“Princess Oduah-Ogiemwonyi, a serving member of the 8th Senate of the Federal Republic of Nigeria has been having a running battle with AMCON over her inability to settle her huge debt of nearly N20billion,” Mr Nwauzor said in the statement sent to PREMIUM TIMES.

“AMCON purchased the Eligible Bank Assets (EBAs) of Sea Petroleum & Gas Limited from Union Bank Plc sometime in 2012. But despite the overtures and genuine efforts made by AMCON to reach an amicable settlement, the Senator and her co-promoters have remained recalcitrant.

“Having exhausted all avenues of peaceful resolution of the humongous debt, AMCON had no other choice than to refer the matter to court. The order also affects Princess Stella Oduah’s other business interests for which AMCON has since appointed Moyosore Jubril Onigbanjo, SAN as Receiver over the assets of Princess Stella Oduah-Ogiemwonyi; Sea Petroleum Oil & Gas Limited; Sea Petroleum and Gas FZE as well as Star Tourism and Hotels Limited.”

The court also ordered the freezing of the funds of Sea Petroleum & Gas Limited and its affiliated companies and principal promoters held anywhere by any entity or persons in Nigeria, the statement said.

It also authorised AMCON and its Receiver, Moyosore Onigbanjo, to take over all assets pledged as collateral for the facility by Sea Petroleum Oil & Gas Limited.

“Justice Hassan specifically ordered Sea Petroleum Oil & Gas Limited and its affiliated companies to hand over the company’s business, which sits on over 9000 square metres of land in the fastest developing area of Lagos State along the Lekki-Epe Express Way; two Tank Farms of 500 metric tonnes capacity; a property at Maiyegun Tourism Zone, Lekki Peninsula Scheme 11, Lagos Island and a filling station complex at kilometre 14, Lekki Epe Expressway, Ikota, Lagos State,” the statement explained.



“The court order also listed a host of other assets across the country including Plot 2,block 12C, Babafemi Osapa Crescent Lekki, Lagos State; Block 5, house 4AMobolaji Johnson Estate, Lekki, Lagos State; Office/filling station at Jakande, Lekki, Lagos State; Office complex 1,2 and 3 km 14, Lekki-epe Expressway , Ikota, Lagos State; Filing station Complex at km14, Lekki Epe Expressway, Ikota Lagos State; Staff residential Quarters, Ikota Lagos State; E25-E36, Gat Oboh Drive, Millennium Estate, Oniru, Lagos State and F3-F5, SPG Road, Millennium Estate, Oniru, Lagos State. The rest include, SPG Agungi 2 Lekki Lagos State; Office/Filling station complex at Funmilayo Ransome Kuti, FCT, Abuja; Gas plant at Karu, FCT, Abuja; Filing station Complex, Lugbe, FCT Abuja and Agriculture Farm at Kuje, FCT Abuja.”

https://www.premiumtimesng.com/news/headlines/268890-amcon-takes-possession-of-asset-of-nigerian-senator-stella-oduah.html#.Wv8eEWYGpLU.twitter

17 Likes 1 Share

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by WavyJohn: 7:53pm On May 18, 2018
Wow. First to comment. I dedicate this to my Bae. Gift Emmanuel. Wish us more years togeda. Stay Up. #GiftNnennaEmmanuel #mouau #JohnsonKanu

1 Like

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 8:01pm On May 18, 2018
This is too much nau. For one person
How many people from her village did she empower?

52 Likes 1 Share

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by vedaxcool(m): 8:03pm On May 18, 2018
Mrs. BMW needful contract inflator

25 Likes 3 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 8:17pm On May 18, 2018
vedaxcool:
Mrs. BMW needful contract inflator

How did she manage to get all these companies, property and funds to herself? Was she giving GEJ a lap dance or what?

83 Likes 5 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Throwback: 8:32pm On May 18, 2018

“Princess Oduah-Ogiemwonyi, a serving member of the 8th Senate of the Federal Republic of Nigeria has been having a running battle with AMCON over her inability to settle her huge debt of nearly N20billion,” Mr Nwauzor said in the statement sent to PREMIUM TIMES.


Very typical of Nigerian politicians who are only in politics to use public funds to sustain their poorly managed private enterprise.

75 Likes 3 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Xander85: 8:42pm On May 18, 2018
deji17:


How did she manage to get all these companies, property and funds to herself? Was she giving GEJ a lap dance or what?

Looks like the thread isn't getting as much traction and enough anti-Oduah comments as you had hoped, so you want to help stoke the flames by throwing in a few caustic and snide comments! That should get things moving a bit abi?

You'll find out how she got all these companies, properties and funds just as soon as you find out where Tinubu, Otedola and Jimoh Ibrahim got theirs!

There seems to be a linking thread joining sad gits who create Buhari/APC propaganda threads and chronic Igbo haters! Quite easy to see!

44 Likes 6 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by nlesor: 9:00pm On May 18, 2018
Only Lagos And Abuja...Non In Her Own Region...SMH

59 Likes 2 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by adem30: 9:07pm On May 18, 2018
deji17:


How did she manage to get all these companies, property and funds to herself? Was she giving GEJ a lap dance or what?
She was a close friend of Stella Obasanjo. Stella Obasanjo even passed the night with her before jetting out for the surgery that took her life

17 Likes

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Nobody: 10:22pm On May 18, 2018
AMCON was setup to take over Igbo businesses. Otedola, Dangote, Adenuga all owe billions of dollars but it's only Igbo businesses they target their assets...Ifeanyi Ubah, Nwankwu Kanu, Stella Oduah, more. Cocharis, Ibeto and Innoson are next. As I right now, they are plotting with that Afonja bank to confiscate Nextsoil skyscraper in Lagos. They conniving with banks to carry out their evil on Igbos, just like Innoson case where the bank criminally inflated their loans, then turn around to ask court to freeze Innoson goods and assets, with hope of ultimately involving AMCON. Igbo business men and women have no clue the amount of evil these people have for them.

Afonjas above and below are already happy. They enjoy to see Igbos in pain and misfortune. To them that's the only way to stop Igbo since they cannot compete with the chosen children of God.

36 Likes 10 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 10:24pm On May 18, 2018
Xander85:


Looks like the thread isn't getting as much traction and enough anti-Oduah comments as you had hoped, so you want to help stoke the flames by throwing in a few caustic and snide comments! That should get things moving a bit abi?

You'll find out how she got all these companies, properties and funds just as soon as you find out where Tinubu, Otedola and Jimoh Ibrahim got theirs!

There seems to be a linking thread joining sad gits who create Buhari/APC propaganda threads and chronic Igbo haters! Quite easy to see!
What is this oaf writting about? Trash. Stella Oduah companies and assets has been taken over by creditors, but the dolt is here writing a meaningless drivel. Continue in your delusion.

107 Likes 10 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by ORIENTATION101: 10:31pm On May 18, 2018
jesus see properties
this woman is making Alison maduekwe look like a learnergringrin

15 Likes 2 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Nobody: 10:37pm On May 18, 2018
ORIENTATION101:
jesus see properties

this woman is making Alison maduekwe look like a learnergringrin

Afonja....show us one company or equipment Alakija has? Stella Oduah has owned these assets since early 90s after she returned from US where she studied.

12 Likes 6 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by ORIENTATION101: 10:43pm On May 18, 2018
sean1000x:


Afonja....show us one company or equipment Alakija has? Stella Oduah has owned these assets since early 90s after she returned from US where she studied.
she also bought the bullet proof cars that got her sacked from officegringrin

I learnt she is a night club stripper like Amber Rose to have acquire huge amount of dollars to invest in early 90s

74 Likes 5 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by 2mch(m): 10:45pm On May 18, 2018
Lol. We now see where her loot went as a minister.

9 Likes 1 Share

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by doctokwus: 10:47pm On May 18, 2018
They defraud the Nigerian people,defraud banks,live large,then give 5k to jobless people to protest on the street and cry witch haunt.
What hurts is just the fact that 90% of the present crop of politicians are corrupt,but many are still living large and wielding power bcoz they belong to the government or are friends to the government in power.

47 Likes 5 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by BabaRamota1980: 10:58pm On May 18, 2018
The " we developed Lagos crew". grin

Not a single property to generate IGR in Iboland.

Shame on yanminri! I smh for una matter....

58 Likes 1 Share

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by BabaRamota1980: 11:25pm On May 18, 2018
sean1000x:
AMCON was setup to take over Igbo businesses. Otedola, Dangote, Adenuga all owe billions of dollars but it's only Igbo businesses they target their assets...Ifeanyi Ubah, Nwankwu Kanu, Stella Oduah, more. Cocharis, Ibeto and Innoson are next. As I right now, they are plotting with that Afonja bank to confiscate Nextsoil skyscraper in Lagos. They conniving with banks to carry out their evil on Igbos, just like Innoson case where the bank criminally inflated their loans, then turn around to ask court to freeze Innoson goods and assets, with hope of ultimately involving AMCON. Igbo business men and women have no clue the amount of evil these people have for them.

Afonjas above and below are already happy. They enjoy to see Igbos in pain and misfortune. To them that's the only way to stop Igbo since they cannot compete with the chosen children of God.

grin grin
See your life! Your region is begging for development and infrastructure but your Senator prefer to develop another man land and donate IGR for Yorubaland.

Na we develop Lagos but when Lagos hustle catch up with una you go begin dash blame for Yoruba and Hausa....you don forget say na you develop Lagos.

Yeye transformer angry

79 Likes 3 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by ChidiAlaigbo: 11:34pm On May 18, 2018
This is highly NOTABLE, not 1 single property in igboland. .........

Kai! What a people?

Igbo are finished!


Cc Immhotep lzaa

52 Likes 3 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 11:41pm On May 18, 2018
BabaRamota1980:


grin grin
See your life! Your region is begging for development and infrastructure but your Senator prefer to develop another man land and donate IGR for Yorubaland.

Na we develop Lagos but when Lagos hustle catch up with una you go begin dash blame for Yoruba and Hausa....you don forget say na you develop Lagos.

Yeye transformer angry

These guys are surely deluded.. Their madness no get part two.

34 Likes 2 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by SalamRushdie: 11:56pm On May 18, 2018
deji17:
This is too much nau. For one person
How many people from her village did she empower?

I can attest she most of the listed asset before she ever ventured into politics .. .politics made her just ruin SPG for nothing ..I dont really know what she gained from politics ooo than bad name sef

4 Likes

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by buhariguy(m): 12:01am On May 19, 2018
The jobless evil idiotic pigs of Biafra will be crying right now for a dullard to be their president.

25 Likes 3 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 12:08am On May 19, 2018
SalamRushdie:


I can attest she most of the listed asset before she ever ventured into politics .. .politics made her just ruin SPG for nothing ..I dont really know what she gained from politics ooo than bad name sef


I think its greed.

16 Likes

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by LZAA: 12:16am On May 19, 2018
ChidiAlaigbo:
This is highly NOTABLE, not 1 single property in igboland. .........

Kai! What a people?

Igbo are finished!


Cc Immhotep lzaa

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by LZAA: 12:17am On May 19, 2018
buhariguy:
The jobless evil idiotic pigs of Biafra will be crying right now for a dullard to be their president.

3 Likes

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by fyneguy: 12:51am On May 19, 2018
SalamRushdie:


I can attest she most of the listed asset before she ever ventured into politics .. .politics made her just ruin SPG for nothing ..I dont really know what she gained from politics ooo than bad name sef


Lol Mr Attester, you can deceive those who do not know. I am sure her ex-husband will chuckle at this lie.

29 Likes 2 Shares

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 12:58am On May 19, 2018
Some of the cash recovered from looters..

7 Likes 1 Share

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Xander85: 1:15am On May 19, 2018
deji17:
What is this oaf writting about? Trash. Stella Oduah companies and assets has been taken over by creditors, but the dolt is here writing a meaningless drivel. Continue in your delusion.

Dude, coming from a despicable character like you, somehow the tag 'oaf' looses its sting!

So Senator Oduahs' companies and assets have been taken over? How the fuc/k does that concern you? Have you finished looking for propaganda and lies on your ogas gov't to post online, before finding the time to get happy and wan'k over a Igbo persons business being taken over?

Can you vouch that Senator Oduah is any more of a 'crook' or (whatever it is you're accusing her of) than say the likes of Tinubu, Otedola, Alakija or Dangote?

I've warned my people that they'll constantly have to watch their backs if they want to continue sharing the same country with you scheming and hateful lot!

5 Likes 1 Share

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Xander85: 1:22am On May 19, 2018
deji17:
Some of the cash recovered from looters..

Nobody is impressed with this list mate!

With enough vindictiveness and hate driving one, it's easy to find enough malfeasance or sharp practises against any Nigerian businessman or entrepreneur to be able to drive them out of business! You seem to have two standards of moral conduct, applicable depending on where one comes from or which party they belong to!

1 Like

Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by deji17: 1:38am On May 19, 2018
Xander85:


Dude, coming from a despicable character like you, somehow the tag 'oaf' looses its sting!

So Senator Oduahs' companies and assets have been taken over? How the fuc/k does that concern you? Have you finished looking for propaganda and lies on your ogas gov't to post online, before finding the time to get happy and wan'k over a Igbo persons business being taken over?

Can you vouch that Senator Oduah is any more of a 'crook' or (whatever it is you're accusing her of) than say the likes of Tinubu, Otedola, Alakija or Dangote?

I've warned my people that they'll constantly have to watch their backs if they want to continue sharing the same country with you scheming and hateful lot!

The boor came back with loads of more rubbish... His problem is the tribe of the lady. When Bode George was sent to prison, nobody read tribal meaning into it.. Examples abound of people from every part of the country and from different party that are facing trials or had their assets recovered or account frozen. But the odious fellow cannot see beyond tribe when it comes to corruption.

Your people who are criminals, have better watch their back.

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Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Xander85: 2:11am On May 19, 2018
deji17:


The boor came back with loads of more rubbish... His problem is the tribe of the lady. When Bode George was sent to prison, nobody read tribal meaning into it.. Examples abound of people from every part of the country and from different party that are facing trials or had their assets recovered or account frozen. But the odious fellow cannot see beyond tribe when it comes to corruption.

Your people who are criminals, have better watch their back.

Fool, so you're equating Senator Oduahs' situation with that of Bode George who was tried and convicted? Now tell me, what is Senator Oduahs' crime?

As much as i don't trust the Nigerian legal system, i'm quite prepared to accept any decision emanating from there, no matter the misgivings i may have about said judgement. My problem with you lot is how you try, convict and sentence anyone you don't like the look of just because they're of the 'wrong' party, ethnic group, religion or disposition!

2 Likes

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