Heritage Bank To Seize Hip TV CEO, Ayo Animashaun’s Collateral Property - Celebrities - Nairaland
Nairaland Forum › Entertainment › Celebrities › Heritage Bank To Seize Hip TV CEO, Ayo Animashaun’s Collateral Property (469 Views)
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| Heritage Bank To Seize Hip TV CEO, Ayo Animashaun’s Collateral Property by PlugBlogng(op): 12:09pm On Apr 14, 2019 |
Court Orders Heritage Bank To Seize Hip TV CEO, Ayo Animashaun’s Collateral Property to Reclaim Over N180 Million Debt https://plugblog.com.ng/wp-content/uploads/2019/04/Ayo-Animashaun-Heritage-Bank.jpg The Federal High Court, Ikoyi Division, last week, issued an order to Heritage Bank to seize the property of Smooth Promotions Limited, Owners of HIP TV, following their failure to pay back a loan sum of over 180 Million Naira. The property which is situated at No. 4 Ogundana Street, Off Allen Avenue, Ikeja was reportedly provided as collateral by Ayo Animashaun, and has been taken possession of by the bank. Going by the court injunction published on Thisday Newspapers, Heritage Bank is expected to take over all properties provided as collateral, assets, including production materials belonging to Ayo Animashaun’s company, Smooth Promotions Ltd. The asset which has been seized in execution of the court order, has authorised a Solicitor and Insolvency Practitioner, Mr. Gani-Gidado Abubakar, as the Receiver/Manager of Smooth Promotions Limited pending the determination of the orders of Court in Suit No: FHC/L/CS/362/19. Meanwhile, indications from Animashaun’s social media page claims his rift with the bank has been ongoing for two years and as a result he would be suing Heritage Bank. He is however yet to provide more details on this. Gist Via PlugBlog Nigeria https://plugblog.com.ng/court-orders-heritage-bank-to-seize-hip-tv-ceo-ayo-animashauns-collateral-property-to-reclaim-over-n180-million-debt/ Cc: Lalasticlala, Fynestboi, MissyB3, Mynd44 seun
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| Re: Heritage Bank To Seize Hip TV CEO, Ayo Animashaun’s Collateral Property by softwerk(f): 12:17pm On Apr 14, 2019 |
Hip TV must not go down! Ayo Animashaun has been a big blessing to all Nigerian artists both upcoming musicians and comedians! We can raise N180Million for this dude (except for those living fake lives)!!! At least he's not requested a new kidney  1 Like 1 Share |
| Re: Heritage Bank To Seize Hip TV CEO, Ayo Animashaun’s Collateral Property by PlugBlogng(op): 12:47pm On Apr 14, 2019 |
softwerk:Hopefully he can settle with them |
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