N5bn Debt: AMCON Takes Over Ex-Kwara Governor’s Mansion

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Following the order of Hon. Justice A.M. Liman of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) yesterday Following the order of Hon. Justice A.M. Liman of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) yesterday September 22, 2021, in Ilorin, the Kwara State capital took over the palatial mansion of Alhaji Abdulfatah Ahmed, the former two-time governor of Kwara State over indebtedness of nearly N5 billion.

The former assured that he would meet any outstanding obligations once the loans were disaggregated.

In compliance with the court order, AMCON through the law firm of chief Robert Ohuoba of Robert Ohuoba & Co, one of the leading asset management partners of AMCON who also received protective orders from the court, took possession of the mansion belonging to the former governor situate at Abdulfatah Street, GRA, Ilorin, Kwara State. Mr Jude Nwauzor, head, corporate communications department of the government debt recovery agency confirmed the story via a release.

efforts to peacefully resolve the loan had been frustrated by the former governor who remained recalcitrant, which left AMCON no other choice than to seek justice in court.

 

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