Nigerian lady accuses Description Asset Management Corporation of Nigeria (AMCON) manager of threatening her husband’s life in Lagos.

In her series of video she posted online, she said : "Nigerians my life has been threaten the life of my husband and my children have been threatened, because AMCON and their receiving manager Mr Lare Olaoluwa has threatening their life at victory park estate in Lagos, where they bought a land".

She said if you go to the land to start work the AMCON manager will come with thugs, touts and military men to attack them.

She called out on AMCON to leave their life and the life of her husband alone that she don't want to be a widow yet.

Watch Video below as she Burst Into tears crying.

Source:

http://www.thenaijafame.com.ng/2019/03/nigerian-lady-cries-out-accuses-amcon.html?m=1

Wonder how people get crazy for FTC.

What difference does it make really?

Social media drama I hope when the man attack you Social media will come to your rescue you better report to the police. To be on a safer side.

FTC. Glory b to god sha

Hmmm

Pay back your loan biko...AMCON needs to survive too

AMCON is a federal government agency saddled with buying back debt for banks. Once they buy back debt the collateral and liability become theirs.

So it is possible that Victorty Park is indebted to AMCON through buy back debt and as it were, the Land could be a debt buy back collateral.

Sometimes, such steps are addressed through lawyers and not social media.

You don't want to be widow.

lanre88:

When I saw the AMCON receiver MANAGER'S name as mr Lare and I saw your moniker, I almost thought something until I realized there was a letter "n"

If her husband is owing us, let the husband settles his debt.

Joyce88:
See below

..
So seun and Co couldn't locate this guy and finish him off once and for all..

E no concern us

Chelsea82:
Nigerian lady accuses Description Asset Management Corporation of Nigeria (AMCON) manager of threatening her husband’s life in Lagos.

In her series of video she posted online, she said : "Nigerians my life has been threaten the life of my husband and my children have been threatened, because AMCON and their receiving manager Mr Lare Olaoluwa has threatening their life at victory park estate in Lagos, where they bought a land".

She said if you go to the land to start work the AMCON manager will come with thugs, touts and military men to attack them.

She called out on AMCON to leave their life and the life of her husband alone that she don't want to be a widow yet.

Watch Video below as she Burst Into tears crying.

Source:

http://www.thenaijafame.com.ng/2019/03/nigerian-lady-cries-out-accuses-amcon.html?m=1

tell your husband to pay his debt na

Amcon una don hear

Your husband has been involved in shady deal. Let him tell you what went wrong or tell us the full gist. They can't just be after your husband like that. Its very uncommon of amcon. Some people will use bank ogas do shady deals and won't want to pay back their loans, but will go somewhere else to buy private properties secretly while killing the banks and financial institution. I guess your husband fall into that category.

make ur husband pay abeg....na so people takecl kill textile industries for this country

It is not her husband's fault.

The developers of Victory Park were indebted to a bank which sold the debt to Amcon. Her husband must have bought the said land from the developer and since the land was used as collateral by the developer, he has inherited problem.

This is what you get when you buy land without doing due diligence. Developers obtain facilities to finance projects but when it's time to pay, they use the money for repayment to hire lawyers.

You see fancy marketing literature from sweet talking salemen and fine girls marketing property to you, you refuse to verify before putting money.

Read these links for background story.

https://www.nairaland.com/4165899/lanre-olaoluwa-amcons-rm-uses

https://www.thecable.ng/amcon-vindicated-lagos-state-ministry-justice-slams-fraud-charges-grant-properties-olajide-awosedo/amp

https://www.nairaland.com/4841008/amcon-auction-land-sale-lekki

This same scenario is going to repeat itself in the Ibeju-Lekki axis. Some property companies obtained loans from banks to buy properties being sold to members of the public. After being sold out, they move on to the next project without repaying the loans.

There is a particular real estate company that is in the habit of incorporating a new legal entity each time it has new estates for sale. It is building legal shelters for itself cos it knows the future implications of its activities.

From that 2nd Toll Gate down to Epe, get a lawyer to verify your land before you pay. I'm telling you based on experience.

AMCON represents the Federal Government.

APC

tell Ur husband to pay off his debt

omogidi234:
AMCON is a federal government agency saddled with buying back debt for banks. Once they buy back debt the collateral and liability become theirs.

So it is possible that Victorty Park is indebted to AMCON through buy back debt and as it were, the Land could be a debt buy back collateral.

Sometimes, such steps are addressed through lawyers and not social media.

Victory park owes

Seems the owner of the land played a fast one on her husband. They should seek redress in court not social media

Exactly! The more reason people should be be careful all these property development companies

omogidi234:
AMCON is a federal government agency saddled with buying back debt for banks. Once they buy back debt the collateral and liability become theirs.

So it is possible that Victorty Park is indebted to AMCON through buy back debt and as it were, the Land could be a debt buy back collateral.

Sometimes, such steps are addressed through lawyers and not social media.

omogidi234:
AMCON is a federal government agency saddled with buying back debt for banks. Once they buy back debt the collateral and liability become theirs.

So it is possible that Victorty Park is indebted to AMCON through buy back debt and as it were, the Land could be a debt buy back collateral.

Sometimes, such steps are addressed through lawyers and not social media.

Lawyers can not do anything than to go to court and keep fighting and ranting on the same due amount owed, lawyers can fight for you for 10yrs but u still end up paying the same amount because you are owing but when you meet with a financial management consultant, who has the comprehensive understanding of banks and Amcon..who also understand the banking and other financial institution Act (BOFIA) this is a constitutional act guilding all deposit money banks in Nigeria as regarding financial transaction in Nigeria..then... Success is URS....
Firstly the lady and her husband need to understand that they aren't owing Amcon but a particular deposit money bank...Amcon only buys debts from most deposit money banks just like u have said...then they take over the collateral and liability involve....
Now let me inform u that, a bank doesn't have the constitutional right to sell a customer's collateral whether properties or equipment... because when the customer wanted to get the facility they only place their property as collateral not as to be sold by the bank besides no agreement was signed between both parties abnitio ... Now, my question is was the customer informed before her debt was sold to Amcon... because there should be proper notification of that.... even if she was informed ....she doesn't have any business to do with AMCON but her borrower which is the bank who gave her the loan turned debt...
Now A financial consultant who deal directly with the bank who borrowed her money to carry out wat will call reconciliation of bank statement to firstly Know actual amount she is owing the bank before her debt was sold to AMCON... because most banks are thieves..the money they allegedly sold to AMCON might possibly not be the actual amount she is owing...banks must have charged her excessively before selling her debt to AMCON...
So these are the job and duty of a financial management consultant and a chartered banker. which a lawyer will never do because they don't have the capacity to perform in this area.. thank you

Na wa repay your debt no, unless the people on social media will pay the debt back no one can help you.

Hypocrites every where.

She went to a commercial Bank to borrow depositor's money inform of loan. She used her land as collateral. When repayment time came, she defaulted and failed to repay the loan. The bank was about to collapse due to bad loan, Amcon intervened, paid the bank and acquired the liability.

Don't forget that Amcon used the federal Government's money to pay a private loan to save millions of customer's deposits.

Now Amcon is pressuring her to pay the money she owed, she ran to social media. Was the social media called when she borrowed the money and squandered it?

She should forfeit the property asap, cos both principal and interest is more than the value of the land in Victory Park

omogidi234:
AMCON is a federal government agency saddled with buying back debt for banks. Once they buy back debt the collateral and liability become theirs.

So it is possible that Victorty Park is indebted to AMCON through buy back debt and as it were, the Land could be a debt buy back collateral.

Sometimes, such steps are addressed through lawyers and not social media.

Many are including Adron homes. They all borrowed money to facilitate their estates. To pay back is now a problem