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 adem30: 7:49pm On May 18, 2018 |
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.
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| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by adem30: 7:50pm On May 18, 2018 |
More troubles for Senators 1 Like |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by sarrki(m): 7:50pm On May 18, 2018 |
Long over Online criminal miscreants come and defend your heroine 1 Like |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by dabeto: 8:01pm On May 18, 2018 |
Why is it so difficult for businesses in Nigeria to see 2nd and 3rd generations  |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Almaiga: 8:06pm On May 18, 2018 |
Correct but, IPOB's will soon flood this thread claiming victmisation against the Senator. 1 Like |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by otokx(m): 8:10pm On May 18, 2018 |
dabeto: They are not businesses but conduit pipes of corruption. 3 Likes |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Roger3D(m): 8:13pm On May 18, 2018 |
Oya IPOB miscreants come and do your thing |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by johnmartus(m): 8:59pm On May 18, 2018 |
How this thief get to senate. |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Lagosfinder(m): 10:16pm On May 18, 2018 |
another senator again |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by abokibuhari: 10:23pm On May 18, 2018 |
She's being persecuted because she is from the east, a female and a Christian. They are not happy with our people |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by 9jaArea: 10:36pm On May 18, 2018 |
All the senators have baggage |
| Re: AMCON Takes Possession Of Asset Of Nigerian Senator, Stella Oduah by Mynd44: 1:14am On May 19, 2018 |
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