Connect with us

Judiciary

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

Published

on

adron lemon friday

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.

Continue Reading

Judiciary

Absence of Regina Daniel’s Friend, Izuegbu Stalls arraignment Over ‘Illegal Substances, Criminal Defamation

Published

on

By

The absence of Ms Anthonet Izuegbu, friend of estranged wife of Senator Ned Nwoko, Regina Daniels has stalled her arraignment over a case of Defamation and allegedly routinely sourced, handled, and administered controlled and illegal substances to Regina and associated individuals preferred against her.

adron lemon friday

When the matter which is before Justice Ekerete Akpan of the Federal High Court Abuja, came up for arraignment on Thursday, July 16 2026, the defendant who collapsed during last arraignment was absent in court and the case was consequently adjourned to September 15, 2026.

Recall that Ms Izuegbu also known as “Ann” was arrested for criminal defamation against Senator Nwoko.

The Ned Nwoko media team, in a statement made available to the News Agency of Nigeria (NAN) stated that contrary to the misleading and inflammatory narratives being circulated across social media platforms, Izuegbu was arrested in connection with criminal defamation against the lawmaker.

The team explained that Izuegbu was arrested in connection with criminally defamatory statements she publicly made, alleging that the lawmaker physically assaulted his wife, Mrs Laila Nwoko, which resulted in a miscarriage.

“These claims are entirely false as no such incident occurred, and no miscarriage resulted from any alleged violence.

“The statements were made without evidence and form part of a coordinated attempt to reinforce previously circulated and unsubstantiated domestic violence allegations,” the team said.

The team also said that Izuegbu was implicated in the procurement of an illegal abortion for Regina Daniels, during her lawful marriage to the Nwoko.

According to the team, the incident occurred after the marriage, notwithstanding subsequent attempts to reframe the timeline.

“The legality of the act does not change based on narrative adjustments. The matter is on record and has previously been publicly referenced by Regina herself,” the statement said.

The team added that a formal witness statement dated Oct. 29, 2025 submitted to the Area Commander, Maitama Police Station, detailed repeated ongoing activities involving Izuegbua and others.

According to the team, the statement noted that Izuegbu allegedly routinely sourced, handled, and administered controlled and illegal substances to Regina and associated individuals.

The team further said that Izuegbu’s arrest was directly preceded by a public social media post in which she allegedly issued threats, made derogatory remarks, and repeated defamatory accusations against Mrs Laila Nwoko and the lawmaker.

“This post constituted provocation, intimidation, and criminal defamation under application law.

“It is important to emphasise that this matter is not a social media dispute but a law-enforcement issue grounded in evidence, witness testimonies, and due process.

“Any attempt to mischaracterize the arrest as suppression or victimisation is false and misleading,’’ the team added.


42
/ 100


SEO Score

Continue Reading

Judiciary

Oceangate Engineering to appeal court’s ruling on asset forfeiture

Published

on

By

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

adron lemon friday

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.


43
/ 100


SEO Score

Continue Reading

News

PDP Criticises Kwara Governor Over Deadly Bandit Attack

Published

on

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

(more…)

adron lemon friday


67
/ 100


SEO Score

Continue Reading

Trending News