Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,869 members, 7,956,280 topics. Date: Monday, 23 September 2024 at 09:05 AM |
Nairaland Forum / Nairaland / General / Business / Court Orders AMCON To Take Over Gateway Portland Cement (10624 Views)
AMCON To Sell Polaris Bank After 2019 Elections / AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi / Court Orders AMCON To Take Over Guest House (2) (3) (4)
Court Orders AMCON To Take Over Gateway Portland Cement by Truth234(m): 5:45am On Jul 22, 2017 |
Justice A. T. Mohammed of The Federal High Court, Abeokuta Division, Ogun State, has granted an injunction against Gateway Portland Cement Limited and Dr. Olumuyiwa Odegbami on the application of the Asset Management Corporation of Nigeria. Consequent upon the court order, AMCON said its receiver, Mr. Charles Adeogun-Phillips, had formally taken possession of Gateway Portland Cement factories and facilities located in Abeokuta and Mowe areas of Ogun State over a debt profile of nearly N3bn, according to a statement by the corporation on Friday. The debt has been a subject of litigation for some time now. The court restrained the firm and its promoters, their agents and privies from moving into the company, withdrawing money from or with any bank or financial institutions that hitherto did business with it pending the hearing and determination of the suit to be filed by the applicants for the recovery of the outstanding debts. The order also restrained Gateway Portland Cement and the promoters by themselves, their agents, servants and, or their privies from interfering with or otherwise obstructing or frustrating the AMCON-appointed receiver in performing his duties. Gateway Portland Cement and its promoters were directed to deliver to the receiver manager all the charged assets of the firm in their possession forthwith. To ensure that the court order is carried out as directed, Justice Mohammed directed the Inspector General of Police, the Assistant Inspectors General of Police and Commissioners of Police in charge of any location where the pledged assets of the firm might be found to assist the bailiff and the AMCON receiver, Adeogun-Phillips, in the enforcement of the order. http://investorsking.com/court-orders-amcon-take-gateway-portland-cement/ |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by seunlayi(m): 6:11am On Jul 22, 2017 |
FTC dedicated to the person below me for hitting the nail directly on the head 1 Like |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Nobody: 7:32am On Jul 22, 2017 |
NASO. Welcome to nigeria. rich man goes to bank to collect loan from his padis(bank management), no collateral. uses loan to fund lavish lifestyle, loan goes bad. bank cries to CBN/amcon. Amcon take over the loan (the nation/tax payer bears the loss. must be cool to be rich tho. In this pic below is former skye bank chairman who was disposed (not arrested or tried, he is chilling) after giving loans to many of his friends company and others owned by him. Now CBN has taken over SKye bank and he walks free . i love Nigeria mehn 26 Likes 1 Share
|
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Aikayy: 7:33am On Jul 22, 2017 |
. |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by kenbee(f): 7:34am On Jul 22, 2017 |
AMCON should also take over Nigeria A nation without President. From Recession to Depression. 10 Likes |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Nobody: 7:37am On Jul 22, 2017 |
From PdP to apc |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Ijaya123: 7:37am On Jul 22, 2017 |
Waiting for those that claim witch-hunting and ethnic persecution. |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by jordyspices: 7:38am On Jul 22, 2017 |
AMCON taking over ppl business is alright |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by tiger28: 7:40am On Jul 22, 2017 |
You WON'T hear Yorubas crying witch hunt now. If it were the OTHER people (ifeanyi uba folks),it would have been collosal wailings and threats up and down.......it is well! 21 Likes 1 Share |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Nobody: 7:41am On Jul 22, 2017 |
➡Bank verified PayPal account for sale (USA) @ cheap price ➡Card Verified PayPal account for sale (USA) cheap price. ➡Instant Fiverr, Upwork, Freelancer, Guru withdrawal service available @ good rate Contact@ Signature. ⬇⬇⬇ 1 Like |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by anthonypeters(m): 7:42am On Jul 22, 2017 |
One of the victims of Dangote Cement 3 Likes |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Ekakamba: 7:42am On Jul 22, 2017 |
Etisalat boom! Gateway Portland Cement boom! PHCN? I wanna see my former NEPA Abeg. |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by RealHaute: 7:45am On Jul 22, 2017 |
The business environment in Nigeria is just crazy. Good thing I can be crazy too. |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by question(m): 7:47am On Jul 22, 2017 |
all in this jungle called naija. 2 Likes |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by ELKHALIFAISIS(m): 7:49am On Jul 22, 2017 |
when are they going to take over Dangote group I heard he owned them billions ...Government of the north for the North and by the North 1 Like |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Lanre4uonly(m): 7:52am On Jul 22, 2017 |
It's a pity that Gateway Portland Cement being one of the market leaders in the cement industry in the past now find themselves in this financial struggle. It shows the business environment is strict. Anyway, it is well. |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by OLUJOSHINS(m): 7:53am On Jul 22, 2017 |
Narldon: This is the oldest lie in the book. 10 Likes |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by OLUJOSHINS(m): 7:54am On Jul 22, 2017 |
NEPA dey give me the impression say I don relocate from 9ja. |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by nnamdi7160: 7:57am On Jul 22, 2017 |
tiger28: Chief waiver, did Ifeanyi Ubah collect loan? 2 Likes 1 Share |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by mrvitalis(m): 8:01am On Jul 22, 2017 |
Ok |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by vedaxcool(m): 8:05am On Jul 22, 2017 |
Na wa oh cement no move ni wey these people no fit pay. |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Akinz0126(m): 8:08am On Jul 22, 2017 |
Narldon: Chai I was convince @ first you be ehn plenty bananas fall on you 1 Like |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Jaideyone(m): 8:13am On Jul 22, 2017 |
kenbee:quit exhibiting your foolishness. There was recession but there was no recession. Even the US has higher rate of recession than Nigeria. No big deal. We are out of it now. Illiterate 1 Like |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Jaideyone(m): 8:15am On Jul 22, 2017 |
Narldon:lol madt woman 2 Likes |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by hasyak(m): 8:21am On Jul 22, 2017 |
ELKHALIFAISIS: You hear ba? OK prove it? |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by ELKHALIFAISIS(m): 8:24am On Jul 22, 2017 |
hasyak:how should I , when Nigeria government is a family business |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by Nobody: 8:32am On Jul 22, 2017 |
ELKHALIFAISIS: SO long as you are servicing your debt according to the terms and conditions agreed by the creditor and you the debtor....AMCON has no business with you. Besides, a Dantata was taken over by AMCON.....so what's all them Northern business.? 3 Likes |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by ELKHALIFAISIS(m): 8:46am On Jul 22, 2017 |
9jakohai:we heard it was taken over by AMCON , are u there when they sealed dantata group bros forget this media war, until I see him begging in the street then will I believe you, we don't have billions in Nigeria , the ones we had made their billions at expense of you and me |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by starpower(m): 8:52am On Jul 22, 2017 |
I almost thought am a James Bond cast. OLUJOSHINS: 1 Like |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by chigoizie7(m): 10:31am On Jul 22, 2017 |
Hmmm, please when are they taking over EEDC? |
Re: Court Orders AMCON To Take Over Gateway Portland Cement by seunlayi(m): 5:45pm On Jul 22, 2017 |
chigoizie7:very soon |
Time Running Out For Nigeria’s LNG Projects / NAHCO Plc Appoints New MD/CEO / BIRS Seals Fidelity, Zenith Bank, Among Others In Makurdi, Benue State (PHOTOS)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29 |