Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,775,379 members, 6,611,391 topics. Date: Wednesday, 01 December 2021 at 10:31 AM

AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video (22804 Views)

Abdulfatah Ahmed To Run For Senate, Picks PDP Nomination Form (Photos) / Governor Abdulfatah Ahmed Dumps APC / Abdulfatah Ahmed Hints Of Dumping APC (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by film3four: 5:53pm On Sep 22

https://www.youtube.com/watch?v=ZS6W9hgsAk8

https://www.instagram.com/p/CUIXeKTsPH_/?utm_medium=copy_link


https://www.youtube.com/watch?v=ZS6W9hgsAk8

AMCON seizes mansion from ex Kwara State governor, Ahmed, over N5bn debt

https://www.instagram.com/p/CUIXeKTsPH_/?utm_medium=copy_link


The Asset Management Corporation of Nigeria (AMCON) on Wednesday sealed off the Ilorin, Kwara state mansion of former Governor Abdulfatah Ahmed over alleged N5 billion debt.

The property is located at No. 9A Abdulrazaq Street, GRA Ilorin.

One of the leading Asset Management Partners (AMPs) of AMCON Robert Ohuoba, in a video that later went viral in the State, said that he carried out the action.

It was gathered that the action followed the ruling of Hon. Justice A.M. Liman of the Federal High Court, Lagos Division on the issue who also ordered the freezing of the Bank Accounts of the former Governor and his two companies: Trans Properties & Investment Limited and Trans IT Consulting Limited in Suit No: FHC/L/AMC/01/2021.

Ahmed had some hours earlier joined forces with some prominent Nigerians to establish a third force known as the Rescue Nigeria Project (RNP).

In the video seen by The Nation, Ohuoba who was accompanied by some policemen, was heard instructing anybody within the premises to vacate the building.

Spokesperson of AMCON Jude Nwauzor in a statement described the enforcement as “successful,”

He said the former Governor is one of the high-profile obligors of AMCON.

He said all efforts to peacefully resolve the loan had been frustrated by the former Governor which left AMCON no other choice than to seek justice in court.

According to him: “AMCON had taken over the Non-Performing Loans of the former Governor and his companies… in line with its mandate under the AMCON Act.

“All efforts to peacefully resolve the loan had been frustrated by the former Governor who remained recalcitrant, which left AMCON no other choice than to seek justice in court.

“AMCON had to commence asset tracing through its appointed law firm of Robert Ohuoba & Co. on Abdulfatah Ahmed, an exercise, which further revealed nine (9) properties of the obligor situate in Kwara, Lagos State and the Federal Capital territory (FCT), Abuja, which the Corporation has plans to enforce upon.

“This action is in line with Section 49 (1) of the AMCON Act 2019 (As Amended).”

Nwauzor added that other assets of the former Governor which the Court granted AMCON possession over include: “No 13, Alhaji Masha Road, Surulere; No. 9 Wharf, Apapa, Lagos; Plot 3632, Cadastral Zone E27 of Apo, Abuja; Plot 4115, Cadastral Zone F14 of Bazango, Abuja and Plot 8502, Cadastral Zone E31 of Carraway Dallas, Abuja”.

Others are: “Plot 494, Cadastral Zone E31 of Carraway Dallas, Abuja; Plot 719, Cadastral Zone E23 of Kyami, Abuja and any other landed property in any place that may be found within the Federal Republic of Nigeria”.

When contacted, the former Governor’s media aide, Muideen Akorede promised to get back but was yet to do as at the time of filing this report.

https://thenationonlineng.net/amcon-seals-mansion-of-ex-kwara-governor-ahmed/?amp=1

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by FreeStuffsNG: 5:58pm On Sep 22
Hmmm. That revised AMCON law is tougher on debtors. If you owe any bank, any of your asset discovered during global search can be confiscated and used to cover the debt.


If you need free book on business ideas and money sources directory , check here https://www.nairaland.com/6666800/looking-business-ideas-money-fund

12 Likes 2 Shares

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by ogododo: 6:00pm On Sep 22
film3four:

https://www.youtube.com/watch?v=ZS6W9hgsAk8

https://www.instagram.com/p/CUIXeKTsPH_/?utm_medium=copy_link

Lalasticlala

Na because of new party, if GEJ behave like dis, APC no go dey. We dey watch.

9 Likes 1 Share

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by donbachi(m): 6:12pm On Sep 22
He should decamp and secure his property...naso we see am.

8 Likes

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Totilopussylick(m): 6:17pm On Sep 22
If the house is worth the 5b.

Hope so

1 Like

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by daddytime(m): 6:45pm On Sep 22
And the thief just joined the joker team to float a so-called third force party yesterday.

Una don really see the innocent and ignorant Nigerians finish.

Thieves...

16 Likes 2 Shares

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Fundamentalist: 7:16pm On Sep 22
What about his Whitefield hotel

2 Likes

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by contigiency(m): 7:20pm On Sep 22
The same man that is leading a group to come up with another political party that according to them, will reposition Nigeria to greater height.

2 Likes 1 Share

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Lifestone(m): 8:23pm On Sep 22
But the video recording was unnecessary and not professional

8 Likes 1 Share

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Tony4555(m): 8:23pm On Sep 22
Interesting
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by amarachukwu01: 8:23pm On Sep 22
Gobe cheesy
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Sonnobax15(m): 8:23pm On Sep 22
lipsrsealed
Karma awaits every god-damned NIGERIAN politician who deprives us of our good lives undecided

1 Like

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by sonnie10: 8:24pm On Sep 22
AMCON people no get sense. A house that Spyder880 here on Nairaland can build for less than #50M (Fifty million) is what they are happy to seize for #5B debt,

3 Likes

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by slawormiir: 8:24pm On Sep 22
Damnnn niggar
Isoright

2 Likes 2 Shares

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by inoki247: 8:24pm On Sep 22
ok
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Crossroad1(m): 8:25pm On Sep 22
I know that house
Fatai Ahmed, that guy smokes igbo pass naira Marley..
I remember when we were in ilorin during his tenure and we decide to take the route where he ws smoking, omo, this guy collected gun from his security and wanted to shoot.
The only man that smokes igbo and his red eyeball is visible through dark shades

Nigerian politicians are bastards..
Only one man, almost 15 known properties.. Only God knows how many unknown..

I did my I.t at bukola Saraki's house at g.r.a,that house cost 968m..or thereabout.. Saw it with my corocoro eyes..
He sold it and Fatai's government bought it for him again through proxy..
The level of corruption in this country will cripple you if you don't hold on to something..
Both he and saraki Co own that estate after F DIVISION

13 Likes 1 Share

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Abohboy: 8:25pm On Sep 22
contigiency:
The same man that is leading a group to come up another political party that according to them, will reposition Nigeria to greater height.

Who says he's a leader? He's but a member and him being indebted doesn't make the third force party bad for all we know this could be a ploy to discredit the new party next thing you know Falana and Utomi will be arrested for fraud or something

3 Likes

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by wunmi590(m): 8:26pm On Sep 22
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by allthingsgood: 8:26pm On Sep 22
Sarakis puppet grin

4 Likes

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by eomonkhegbele: 8:26pm On Sep 22
I just dey wait to see the outcome of this their third force party cool
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by TUANKU(m): 8:26pm On Sep 22
daddytime:
And the thief just joined the joker team to float a so-called third force party yesterday.

Una don really see the innocent and ignorant Nigerians finish.

Thieves...
How is this related to the story above you donkey?

3 Likes

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by wunmi590(m): 8:26pm On Sep 22
Crossroad1:
I know that house

If you know the house, you might have been admiring the house, bring money make I sell am for you cheesy
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by marttye(f): 8:26pm On Sep 22
Governor for 8 years and you're owing N5b you can't pay.
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Sundaypaul12345: 8:27pm On Sep 22
Nah wah oh
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by NwaNimo1(m): 8:28pm On Sep 22
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by UTILITYMAY(m): 8:28pm On Sep 22
Is this mansion even upto N5 Billion?
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Corporate2020: 8:29pm On Sep 22
It never ends well for thieves. One thief down, many more to go including the one hiding inside the Rock and the one in Lagos, not forgetting the prodigal son at Ota and the Adamawa bisexual.

2 Likes

Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by lereinter(m): 8:29pm On Sep 22
Who/why borrowed him 5bn naira
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Okoroawusa: 8:30pm On Sep 22
The man buy the whole Cadastral?
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Corporate2020: 8:31pm On Sep 22
lereinter:


Who/why borrowed him 5bn naira

That Bank MD too needs to be jailed
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by sojayy(m): 8:31pm On Sep 22
What about his energy petrol station
Re: AMCON Seizes Mansion Of Abdulfatah Ahmed Over 5b Debt: Pics & Video by Okoroawusa: 8:31pm On Sep 22
UTILITYMAY:
Is this mansion even upto N5 Billion?
Read an article before commenting on Nairaland. It doesn't take 2 minutes.

3 Likes

(1) (2) (3) (Reply)

Garba Shehu Misses Buhari's Call / Aragorn, Ragnar, Aiden, And Liam Fani-Kayode: Meet FFK's Sons / IPOB's Sit-At-Home Caused The Death Of A Sick Woman (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 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 79
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.