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AMCON MANAGING DIRECTOR, AHMED KURU, IN TROUBLE OVER CONTEMPT OF COURT

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A limited liability company Global sterling products Limited   has filed a notice of consequences of disobedience to  order of the court against the Managing Director of Assets  Management Corporation of Nigeria AMCON Ahmed Kuru and one Lanre Olaoluwa    for allegedly disobeying theorder of a Federal high court in Lagos.

       The company alleged that the duo of Ahmed Kuru and Lanre Olaoluwa refused to obey  the order of the court restraining the receiver  from interfering with the Company’s occupation and use of the premises at number 98 Kudirat Abiola way  pending the determination of the suit pending before the court.

      Further hearing of the case has been adjourned till 26th of October,2020.

       The order of the court was sequel to an affidavit and better affidavit sworn to by  the managing Director of Global sterling company Limited, Mr. Haris Puri and filed and argued before the court by a Lagos lawyer Barrister Ade Adedeji SAN,

     Mr Puri averred that his company Global sterling Products is the rightful owner of three Plot of  land measuring approximately  2170.897 square meters within the property known as  98,Kudirat Abiola way Oregun in Ikeja local Government area of Lagos State having acquire the land legitimately, however on the 6th of March 2020, the company  became aware of the subsistence of the extant suit when it was served with an order of the court by AMCON. The company was neither a party to the suit nor a beneficiary indebted to anyone including the respondents in the suit.

      The order of the court as relate to the portion of the land was made as a result of misrepresentation as the property was not owned by any of the respondents rather by his company.

      Mr Puri contended that the company should not suffer for the sins, ineptitude and failure of the bank to conduct a proper due diligence whose debt was purchased by AMCON, therefore unless the company’s application to set aside discharging the orders of the court made on the 11th of April,2019,is granted, the company will be dead as on going concern, as the company remains victim of error is suffering huge damages due to perishable goods in the premises and factory equipment that has since remains unserviceable and open to consequential damages and loss.

       The company undertakes to vacate the premises of the property in the unlikely event that in the course of hearing of the substantive suit the above facts are found to be false.

      Consequently, urge the court to vary the order and discharge it.

       However in its counter and further affidavit sworn to by one Ayodele Majekodunmi, AMCON stated that  a company called Cortex  obtained loan from former Skye Bank now Polaris bank which was acquired by AMCON as non performing loan, consequently AMCON on the 11th of April, 2019 obtained court order to attach all the assets that AMCON reasonably believed to be owned by the defendants and there is no evidence that the property is owned by Global Sterling Products, Consequently, it was not made a party in the suit,therefore the application of the  company for variation of the order should be refused.

     After listening to the submission of the two parties, the presiding Judge Chukwujekwu Aneke ordered that “The receiver is therefore restrained from interfering with Global Sterling Limited occupation and use of the said premises contained in the said number 98 Kudirat Abiola way pending the determination of this suit.” Thereafter adjourned  till 26th of October 2020 for  hearing, but the company alleged that Mr Ahmed Kuru and Lanre Olaoluwa have refused to obey the order of the court  hence the filling of the (form 48) notice of the consequences of disobedience of order of the court.

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Oceangate Engineering to appeal court’s ruling on asset forfeiture

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Oceangate Engineering Oil & Gas Limited has announced plans to appeal a recent ruling of the Federal High Court ordering the forfeiture of certain assets.

The company’s Secretary, Nnenna Onyeaso, disclosed this in a statement on Thursday, maintaining that neither the firm nor its leadership was found guilty of any wrongdoing.

Onyeaso said the company views the ruling as a civil asset forfeiture order based on suspicion rather than proof, she emphasise  that the judgment did not establish any criminal liability against the organisation.

She added that the firm has instructed its legal team to file an appeal, expressing confidence in the judicial process and optimism that a comprehensive review of the case will yield a favourable outcome.

“To be clear, this ruling is a civil asset forfeiture order with no finding of wrongdoing against Oceangate or its leadership.

“The court’s decision rested on a legal standard of suspicion, not proof, and it is one we intend to pursue fully through the appeals process,” she said in a statement.

The firm secretary also said that Oceangate has reiterated its belief in the rule of law, noting that the appellate system exists to address such outcomes.

She added that the company remained confident that the facts of the case will ultimately affirm its integrity and business practices.

Onyeaso said that the firm also emphasised that its operations remained unaffected, stating that it continues to provide employment for many Nigerians while contributing to the country’s energy sector and broader economy.

“We have always believed in the ability of the judicial process, and that belief has not wavered,” she added.

She noted that Oceangate further expressed appreciation to its employees, partners, and clients for their continued support amid the development, assuring stakeholders of its commitment to transparency and accountability.

The Secretary said that the company reaffirmed its confidence in Nigeria as a viable destination for investment, describing the country as a land of equity, growth, and opportunity.

“We remain committed to the continued growth of our business and the communities we serve as we are optimistic that justice will prevail at the end of the legal process.


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PDP Criticises Kwara Governor Over Deadly Bandit Attack

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PDP criticises Kwara Governor AbdulRahman AbdulRazaq over deadly bandit attack in Woro and Nuku, calling response insufficient

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Court Asked To Restrain FG From Interfering with NAFDAC Enforcement of Sachet Alcohol Ban

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The Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court in Lagos to issue injunctive orders restraining the Federal Ministry of Health and Social Welfare and the Office of the Secretary to the Government of the Federation (SGF) from further extending the moratorium on the prohibition of the production, distribution, and sale of alcohol in sachet format.

The Rights Group also asked for order restraining them from interfering with the statutory powers of the National Agency for Food and Drug Administration and Control (NAFDAC) to enforce the ban.

Specifically, SERAP is seeking an order of injunction restraining the defendants, their servants, agents, privies, and all persons or authorities acting through them from extending any moratorium on the sachet alcohol ban.

The organisation is also asking the court for a perpetual injunction restraining the defendants from directing, preventing, blocking, or stopping NAFDAC from enforcing the prohibition, in line with its statutory functions under Sections 5 and 30(c) of the NAFDAC Act, the Spirits Drink Regulation, and the Memorandum of Resolution executed on 19 December 2018.

In the suit marked FHC/L/CS/2568/25, SERAP is asking the court to compel the Federal Ministry of Health and Social Welfare, through its supervisory authority, to immediately direct NAFDAC to fully enforce the existing nationwide ban on the production, distribution, and sale of alcohol in sachet format.

The defendants in the case are the Minister of Health and Social Welfare and the Attorney-General of the Federation.

The group argues that the continued delay by the relevant federal authorities in enforcing the ban amounts to a failure to implement long-standing public health regulations designed to curb alcohol abuse, protect public safety, and safeguard citizens’ well-being.

The suit was filed on SERAP’s behalf by Mofesomo Tayo-Oyetibo, SAN, alongside a team of lawyers from Tayo Oyetibo LP.

In an originating summons dated 15 December 2025, SERAP contends that the ongoing circulation of sachet alcohol violates the National Health Act, 2014, the NAFDAC Act, the Spirits Drink Regulation, 2021, and the Memorandum of Resolution of 19 December 2018, which collectively mandate a nationwide ban on sachet alcohol.

SERAP is asking the court to determine whether the Minister of Health can lawfully refuse or fail to enforce the prohibition, and whether any federal authority has the power to interfere with or delay NAFDAC’s statutory duty to enforce the ban.

The organisation also wants the court to decide whether, given the acknowledged dangers of alcohol abuse, judicial intervention is required in the interest of public health, public safety, and public order.

According to SERAP, sachet alcohol, often cheap, highly potent, and widely accessible, has been linked to rising cases of alcohol abuse, particularly among young people and low-income communities. It argues that the 2018 Memorandum of Resolution and subsequent regulations were adopted precisely to address these risks.

Among the reliefs sought are declarations that the sachet alcohol ban is a valid regulation under the NAFDAC Act; that the Minister of Health has no legal authority to grant or extend any moratorium on its enforcement; and that it is unlawful for any federal authority to interfere with NAFDAC’s enforcement responsibilities.

SERAP is also asking the court to affirm that the defendants have a duty to ensure the full implementation of the ban nationwide.

The legal action follows recent unverified social media news suggesting there is an attempt to further postpone the long overdue enforcement of the ban championed by a few operstors bent on continued violation of the regulation, despite earlier regulatory directive and broad industry commitments. The issue has gained renewed attention after the Senate in full plenary session passed a unanimous resolution setting a December 2025 deadline for full enforcement of the ban, citing public health concerns.

SERAP insists that continued delays undermine Nigeria’s health laws and expose citizens to preventable harm, urging the relevant authorities to prioritise public interest over selfish profit objectives of a few non-compliant businessmen.

The court is expected to fix a hearing date once the defendants enter their appearance.


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