₦airaland Forum

@ Nnodim. Thanks for the clarification.

AMCON A SHAMELESS CORPORATION BY UGOCLEM ?

A MISLEADING, FALSE AND DEFAMATORY PUBLICATION!

Our attention has been drawn to a misleading, false and defamatory publication in an on line news platform, Nairaland.com by one Mr. Ugoclem accusing Asset Management Corporation of Nigeria (AMCON) and its Solicitors, Nnenna Ejekam Associates (NEA) of corruption and illegality with respect to obtaining and enforcing ex parte court order against one of the AMCON debtors, Agbonmagbe Olumide Memorial Specialist Hospital Ltd (AMH) in Suit No; FHC/L/Cs/1521/2016; Amcon V. Agbonmagbe Olumide Memorial Specialist Hospital Ltd & Anor.
Contrary to the false and misleading publication, the ex parte court Order in this Suit never appointed Nnenna Ejekam Associates or any other person as “Receiver” of AMH.

The Order was obtained strictly in accordance with the relevant law and evidence before the court. At no time were facts fabricated, misrepresented or falsified before, during and after the Order was granted by a court of competent jurisdiction.

The law in Nigeria is trite that Court orders are to be obeyed. Accordingly, AMCON via its Solicitors Nnenna Ejekam Associates and legally approved Court ordered security agencies executed the ex parte order with utmost decent treatment of the Management, Staff and medical paraphernalia of AMH. At no point was there any physically harassment of any person.

It is well known in the public domain that the banking sector and the Nigeria's economy as a whole have suffered very badly from individuals and companies taking huge loans and never repaying them. This is the main cause of the failure of many banks, including Trans International Bank Ltd (TIB) from whom AMH unpaid loan was taken.
In the instant case, the AMH’s loans were taken in year 2000. By year 2003 the records show that the management of TIB had unsuccessfully demanded the repayment of the facilities.

Furthermore, before starting legal action, AMCON Solicitors, Nnenna Ejekam Associates paid several visits during normal working hours to the AHM towards amicable settlement. The hospital’s Director was known to be ‘on seat’ but declined to meet with the lawyers from NEA. There is undeniable proof that letters of demand were also delivered to the Management of AMH with no reply.

This Suit is pending at the Federal High Court and is open to factual verification any time rather than speculation and misleading publications by on line “fake news” warriors!

By Christian Nnodim, Associated Consulting Consortium,
AMCON Recovery Partners, Lagos
Email- associated_consultants_nigeria@yahoo.co.uk