Home BUSINESS AMCON takes possession of Ben Bruce’s companies in Abuja, PH, Lagos

AMCON takes possession of Ben Bruce’s companies in Abuja, PH, Lagos

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The Asset Management Corporation of Nigeria (AMCON) on Thursday morning took possession of assets of several companies belonging to Senator Ben Murray-Bruce. The companies affected are Silverbird Galleria Limited, Silverbird Promotions Limited and Silverbird Showtime Limited.

Silverbird CinemaThe affected properties, include; Silverbird Galleria Limited located at 133 Ahmadu Bello Way, Victoria Island, Lagos; Silverbird Promotions Limited, Plot No 1161, Central Area Cadastral Zone AOO, Abuja; and Silverbird Showtime Limited Abonnema Wharf Road and Abali Park in Port Harcourt City of Rivers State.https://i0.wp.com/2.bp.blogspot.com/-PLw6WZpz8QI/V2vJGKtG3JI/AAAAAAAB-hU/8QfTmn2wG9ka6n9vNumkkzVlU4IpUfoEACLcB/s1600/cout.jpg?w=640&ssl=1

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AMCON took possession, citing the interim orders granted by Justice C. M. Olatoregun of the Federal High Court, Lagos,  on  June 17 (Suit No. FHC/L/CS/790/16 – Asset Management Corporation of Nigeria & 3 Ors. v. Ben Murray Bruce & 4 others), which allowed the receiver/manager to take possession of the properties.

According to the order, Murray-Bruce’s companies are owing AMCON the sum of N11 billion, which the companies have defaulted in its payment.

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