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

AMCON owes us N132bn, Bi-Courtney claims

The Citizen by The Citizen
September 29 2014
in Latest News, Uncategorized
A A
0

The managements of Bi-Courtney Limited, Chartered Investment Limited, Resort International Limited and Roygate Limited have refuted the claim by a Senior Advocate of Nigeria, Dr. Olisa Agbakoba that the companies asset were conceded to the Asset Management Corporation of Nigeria over alleged N50bn debt.

But the company in a statement on Sunday which was made available to our correspondent maintained that it was AMCON that was owing Bi-Courtney N132bn.

According to the firms, a Federal High Court had awarded the N132bn in favour of Bi-Courtney Limited against the Federal Government and AMCON on November 4, 2011.

Agbakoba had in a statement said that a Federal High Court in Lagos gave AMCON an interim order to take over the management of the companies and their bank accounts.

The SAN had further stated that he had been appointed as the manager of the assets being the lawyer to AMCON.

But Bi-Courtney in a statement alleged that the said interim order was fraudulently and unlawfully obtained.

The company alleged that while seeking the order, AMCON had purposely concealed the ruling of the Federal High Court which restrained the corporation from interfering with the operations and finances of Bi-Courtney Limited and the others.

The management of the company further claimed that a Federal High Court in Lagos had on September 25, 2014 restrained AMCON and its associates from “any attempt to interfere with Bi-Courtney Limited and condemned AMCON’s attempt to violate an existing court order as unlawful, contemptuous, irresponsible and inconsistent with the laws of Nigeria.”

The company said it warned and advised the public to ignore the notice issued by AMCON that the companies’ assets had been conceded to AMCON and Agbakoba appointed as the receiver manager.

The company said, “We want to reiterate and assure our customers and the general traveling public who have enjoyed the widely-acclaimed services of MMA2 of their continued comfort, security and safety within the laws of Nigeria. Our business and undertakings are being carried out as usual.”

Previous Post

CBN releases money transfer guidelines for operators

Next Post

FG to launch Federal Auto Mortgage Scheme in October -Aganga

Related Posts

Nigerians to return home as South African xenophobic attacks worsen
Headlines

Nigerians to return home as South African xenophobic attacks worsen

May 2 2026
Community allays fears over anti-Nigerian protest in Ghana
Headlines

Community allays fears over anti-Nigerian protest in Ghana

May 2 2026
Tinubu returns to Abuja after Eid-el-Fitr, UK visit
Headlines

Tinubu to visit France, Kenya, Rwanda for summits

May 2 2026
David Mark-led ADC survives as Suprene Court voids Ibadan PDP convention
Headlines

David Mark-led ADC survives as Suprene Court voids Ibadan PDP convention

May 1 2026
BREAKING: Supreme Court restores David Mark-led ADC leadership
Headlines

BREAKING: Supreme Court restores David Mark-led ADC leadership

April 30 2026
Court orders PDP chairman’s arrest
Headlines

BREAKING: Turaki-led PDP faction loses as Supreme Court voids Ibadan convention

April 30 2026
Next Post

FG to launch Federal Auto Mortgage Scheme in October -Aganga

Ebola: Health minister under quarantine in Liberia

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

by The Editor
April 30 2026
0

...

Service Chiefs: Let the changes count – Punch

Tinubu approves ₦17bn grassroots devt fund for 8,804 wards

by The Editor
April 22 2026
0

...

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

Lassa fever deaths rise in Nigeria

Lassa fever deaths rise in Nigeria

by The Editor
April 9 2026
0

...

APPOINTMENTS

FirstBank confirms appointment of Olayinka Ijabiyi as Group Head, Marketing & Corporate Communications

FirstBank confirms appointment of Olayinka Ijabiyi as Group Head, Marketing & Corporate Communications

by The Editor
May 1 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu swears in four Permanent Secretaries, INEC commissioner

by The Editor
April 30 2026
0

...

Tinubu nominates Tegbe as power minister

Tinubu nominates Tegbe as power minister

by The Editor
April 30 2026
0

...

Auto Draft

Pres. Tinubu elevates Odumegwu-Ojukwu as foreign affairs minister

by The Editor
April 30 2026
0

...

ODDITIES

Abducted woman returns home pregnant

Abducted woman returns home pregnant

by The Editor
May 2 2026
0

Anglican Church suspends pastor over fake miracles, prophecies

Anglican Church suspends pastor over fake miracles, prophecies

by The Editor
May 2 2026
0

Kano underwear TikToker gets political appointment

Kano underwear TikToker gets political appointment

by The Editor
April 30 2026
0

GLOBAL NEWS

Trump orders Strait of Hormuz blockade after peace talks fail

Trump confirms Iran war end to US Congress

by The Editor
May 2 2026
0

...

US to withdraw 5,000 troops from Germany

US to withdraw 5,000 troops from Germany

by The Editor
May 2 2026
0

...

Egypt conducts live-fire military exercise near Israeli border

Egypt conducts live-fire military exercise near Israeli border

by The Editor
May 1 2026
0

...

Alliance of Sahel States confirms joint airstrikes in Mali

Alliance of Sahel States confirms joint airstrikes in Mali

by The Editor
May 1 2026
0

...

Iran to unveil new weapon to scare enemies

Iran to unveil new weapon to scare enemies

by The Editor
April 30 2026
0

...

State of the States

BREAKING: Bayelsa Governor Diri resigns from PDP

Gov. Diri approves houses for civil servants, payment of promotion arrears

by The Editor
May 2 2026
0

...

Gombe Varsity workers threaten strike over non-payment of entitlements

Gombe Varsity workers threaten strike over non-payment of entitlements

by The Editor
April 30 2026
0

...

Lagos 2027: Jandor withdraws as Hamzat bags Tinubu’s endorsement

Lagos 2027: Jandor withdraws as Hamzat bags Tinubu’s endorsement

by The Editor
April 30 2026
0

...

Kano Assembly confirms new deputy governor

Kano Assembly confirms new deputy governor

by The Editor
April 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Trump orders Strait of Hormuz blockade after peace talks fail

Trump confirms Iran war end to US Congress

May 2 2026
US to withdraw 5,000 troops from Germany

US to withdraw 5,000 troops from Germany

May 2 2026
China scraps tariffs for all but one African nation

China scraps tariffs for all but one African nation

May 2 2026
Abducted woman returns home pregnant

Abducted woman returns home pregnant

May 2 2026

EDITORIAL REVIEW

May Day 2026: Nigerian workers need a lift

May Day 2026: Nigerian workers need a lift

by The Editor
May 1 2026
0

Governors’ apathy toward security – Punch

Governors’ apathy toward security – Punch

by The Editor
April 30 2026
0

Blackouts: Broken promises, powering failure – Punch

Electricity Act: What are states waiting for? – Punch

by The Editor
April 29 2026
0

Bwala, Hasan and the art of the political interview

NBC threat to press freedom – Punch

by The Editor
April 28 2026
0

Curfew in Abuja today for LG council elections

Hidden cost of elections – Punch

by The Editor
April 17 2026
0

Opinion

Dear Senator Tinubu, Buhari has thrashed us all!

NBC’s real struggle

by The Editor
April 30 2026
0

...

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Tinubu finds his own demons

How will Tinubu campaign in Plateau State?

by The Editor
April 9 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.