TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

NICON assets: Court okays process to jail AMCON MD

The Citizen by The Citizen
March 12 2022
in Business
A A
0
NICON assets: Court okays process to jail AMCON MD

A Federal High Court in Abuja has issued an order to commence committal proceedings against the Managing Director of the Assets Management Company of Nigeria (AMCON), Ahmed Lawal Kure, over alleged seizure of NICON Insurance Ltd’s assets.

Justice Okon Abang, on Friday, also ordered the commencement of committal proceedings against the executive directors of the company, Eberechukwu Uneze, and Aminu Ismail.

Justice Abang said the service of the forms 48 and 49 of the committal proceedings on the officials was because they are natural persons, prime movers, alter ego, directing minds, principal officers of AMCON.

The judge held that the defendants allegedly flouted the subsisting order of court made on 18/8/2021 restated on 9/3/2022 predicated on the subsisting undertakings made by the defendants’ counsel given freely on 16/8/2021 that the defendants will not take steps to flout order of court made in favour of the plaintiffs herein or undermine the subject of the suit pending hearing and determination of the plaintiff suit.

The application ex parte was brought by NICON Investment Ltd, NICON Insurance Ltd, Nigerian Reinsurance Corporation Plc, and Barrister Jimoh Ibrahim through their counsel, Victor Ogbonna against AMCON and 11 others over the seizure of the insurance firm’s assets.

The others who are joined in the motion are Bureau of Public Enterprises, Lamis Shehu Dikko, Dr Henry Ationu, John Abuh Oyidih, Alexnader Ayoola Okoh, Ahmed Dahiru Modibbo, Mela Audu Nunghe, Olugbenga Falekulo, Olusegun Ilori, Yvonne Isichei, and the Inspector General of Police.

Previous Post

Sexual assault: Baba Ijesha’s victim was tutored – Psychologist tells court

Next Post

PDP mocks APC over INEC refusal to monitor NEC meeting

Related Posts

Fraudsters rake in N134bn from banks, customers
Business

Fraudsters rake in N134bn from banks, customers

June 19 2026
FG rules out fuel, telecom taxes despite IMF recommendation
Business

FG rules out fuel, telecom taxes despite IMF recommendation

June 17 2026
NBC unveils ‘FreeTV’ DTH national platform, offers broadcasters 18 months free carriage
Business

FG launches hybrid Digital TV platform today

June 17 2026
Court orders Virgin Atlantic to pay N13m for missed flight
Business

Court orders Virgin Atlantic to pay N13m for missed flight

June 17 2026
Blackouts: Broken promises, powering failure – Punch
Business

States kick as Senate moves to amend Electricity Act

June 17 2026
Dangote Refinery slashes petrol, diesel prices again
Business

Dangote Refinery slashes petrol gantry price by N75/litre

June 16 2026
Next Post
Northern PDP leaders hold consensus meeting ahead of national convention

PDP mocks APC over INEC refusal to monitor NEC meeting

NDLEA intercepts 3million opioid capsules at Lagos port

NDLEA intercepts 3million opioid capsules at Lagos port

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

by The Editor
June 4 2026
0

...

APPOINTMENTS

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

by The Editor
June 9 2026
0

...

Pres. Tinubu swears in two new ministers

Pres. Tinubu swears in two new ministers

by The Editor
June 8 2026
0

...

Tinubu appoints Zainab Marwa into NDDC Board

Tinubu appoints Zainab Marwa into NDDC Board

by The Editor
June 4 2026
0

...

ODDITIES

Auto Draft

Bandits kill Katsina businessman after N5m ransom payment

by The Editor
June 17 2026
0

Air Force officers beat Lagos driver to death after minor crash

Air Force officers beat Lagos driver to death after minor crash

by The Editor
June 16 2026
0

Judgement on filming police deepens freedoms – Punch

Police arrest pregnant woman for supplying logistics to Abuja kidnappers

by The Editor
June 15 2026
0

GLOBAL NEWS

Israel, Hezbollah agree to ceasefire

Israel, Hezbollah agree to ceasefire

by The Editor
June 19 2026
0

...

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

by The Editor
June 19 2026
0

...

Fear heightens as deadline for migrants to leave South Africa looms

Fear heightens as deadline for migrants to leave South Africa looms

by The Editor
June 17 2026
0

...

Somaliland opens Jerusalem embassy after Israel’s recognition of independence

Somaliland opens Jerusalem embassy after Israel’s recognition of independence

by The Editor
June 17 2026
0

...

UK bans U-16s from social media

UK bans U-16s from social media

by The Editor
June 15 2026
0

...

State of the States

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

by The Editor
June 19 2026
0

...

Lagos shuts Iddo Bridge for repairs

Lagos shuts Iddo Bridge for repairs

by The Editor
June 17 2026
0

...

Kano closes schools for Eid-el-Kabir

Islamic New Year: Kano declares Tuesday public holiday

by The Editor
June 15 2026
0

...

Kinsmen honour Gov. Mbah at grand reception

Kinsmen honour Gov. Mbah at grand reception

by The Editor
June 15 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Israel, Hezbollah agree to ceasefire

Israel, Hezbollah agree to ceasefire

June 19 2026
Insecurity: Govs seek swift establishment of state police

Insecurity: Govs seek swift establishment of state police

June 19 2026
DSS rejects foreign funding for proposed security trust fund

DSS rejects foreign funding for proposed security trust fund

June 19 2026
Constitution Review: NASS targets Dec 25 for 1st alterations

NASS jumbo pay under scrutiny, again – Punch

June 19 2026

EDITORIAL REVIEW

Constitution Review: NASS targets Dec 25 for 1st alterations

NASS jumbo pay under scrutiny, again – Punch

by The Editor
June 19 2026
0

Waste crisis in states – Punch

Waste crisis in states – Punch

by The Editor
June 17 2026
0

Party primaries of discontent – Punch

Party primaries of discontent – Punch

by The Editor
June 15 2026
0

The reign of kidnappers – Thisday

The reign of kidnappers – Thisday

by The Editor
June 11 2026
0

Foreigners looting national assets intolerable – Punch

Foreigners looting national assets intolerable – Punch

by The Editor
June 10 2026
0

Opinion

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.