{"id":89741,"date":"2021-12-10T19:21:14","date_gmt":"2021-12-10T18:21:14","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=89741"},"modified":"2021-12-10T19:21:14","modified_gmt":"2021-12-10T18:21:14","slug":"n69-4bn-debt-jimoh-ibrahim-loses-bid-to-recover-assets-bank-account","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/n69-4bn-debt-jimoh-ibrahim-loses-bid-to-recover-assets-bank-account\/","title":{"rendered":"N69.4bn debt: Jimoh Ibrahim loses bid to recover assets, bank account"},"content":{"rendered":"
The Court of Appeal, Lagos Division, has dismissed two appeals by the Chairman of Global Fleet Group, Jimoh Ibrahim, challenging the Asset Management Corporation of Nigeria\u2019s seizure of his assets and freezing of his bank accounts over his alleged N69.4bn debt.<\/div>\n
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\nThe appellate court on Friday upheld the November 4, 2020 order of Justice Rilwan Aikawa of the Federal High Court, Lagos which authorised AMCON to take over Mr Ibrahim\u2019s assets.<\/p>\n

The justices unanimously upheld the arguments of AMCON\u2019s lead counsel, Dr Kemi Pinheiro (SAN), who prayed the court to dismiss Ibrahim\u2019s application because it was incompetent.<\/p>\n

AMCON had on November 4, 2020, through Pinheiro, obtained an ex-parte order against Nicon Investment Limited, Global Fleet Oil & Gas Limited, and Jimoh Ibrahim freezing their accounts in various banks as well as attaching various properties of the companies.<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

The Court of Appeal, Lagos Division, has dismissed two appeals by the Chairman of Global Fleet Group, Jimoh Ibrahim, challenging the Asset Management Corporation of Nigeria\u2019s seizure of his assets…<\/p>\n","protected":false},"author":1,"featured_media":89742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-89741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"\nN69.4bn debt: Jimoh Ibrahim loses bid to recover assets, bank account - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/n69-4bn-debt-jimoh-ibrahim-loses-bid-to-recover-assets-bank-account\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"N69.4bn debt: Jimoh Ibrahim loses bid to recover assets, bank account - 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