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N5bn Debt: AMCON Seizes Mansion From Kwara Ex-Gov, Ahmed (Video)
The Asset Management Corporation of Nigeria (AMCON) on Wednesday says it has seized a mansion in Ilorin belonging to the immediate past Governor of Kwara State, Abdulfatah Ahmed, over his alleged indebtedness to the tune of N5bn.
This follows the order of Hon Justice AM Liman of the Federal High Court, Lagos Division, JomogNews Nigeria reports.
The spokesman of the Assets Management Corporation of Nigeria (AMCON), Jude Nwazor, made this known on Wednesday.
According to the AMCON spokesman, the house seized is located at Abdulrazaq road, GRA, Ilorin, the state capital.
Nwazor, however, disclosed that the debt was a personal one by the former governor, Ahmed, who governed the North Central state between 2011 and 2019.
In other news, Babajide Odusolu, former special adviser on property and investment to former governor Ibikunle Amosun has threatened to sue the Ogun State House of Assembly over the allegation of a missing N2.5bn during his tenure.
Odusolu revealed that he has employed a lawyer, Ebun Olu-Adegboruwa (SAN) to challenge the allegation brought against him which he said was damage to his personality and reputation.
The former aide’s financial report between 2015 and 2019 of his administration was probed by the House Committee on Public Accounts and Anti- Corruption.
Odusolu first appeared before the committee in November 2020 concerning OPIC funds he allegedly spent without approval.
The committee later called on the anti-graft agency to recover from Odusolu the sum of N2,579,771,717.71 and another N40m that was also unaccounted for.
Speaking to newsmen on Tuesday, Odusolu described the accusations brought against him as a political vendetta.
Video:
Breaking News
Corruption Battle: Dangote Drags Ex-NMDPRA Boss To EFCC After ICPC Withdrawal
Aliko Dangote, Chairman of Dangote Industries, through his legal representative, has formally submitted a corruption petition to the Economic and Financial Crimes Commission (EFCC) against Farouk Ahmed, the former Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
This was disclosed in a statement made available to our correspondent by the Dangote Group media team on Friday.
Recall that Dangote had earlier petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate Ahmed for allegedly spending $5 million on his children’s secondary education in Switzerland. He withdrew the petition a few days ago, even as the ICPC vowed to continue with its investigation.
The statement on Friday said Dangote’s petition to the EFCC followed “The withdrawal of the same petition from the Independent Corrupt Practices and Other Related Offences Commission, a strategic decision aimed at accelerating the prosecution process.”
In the petition, signed by Lead Counsel Dr O.J. Onoja, Dangote urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Ahmed, and to prosecute him if found culpable.
The petition further stated that Dangote would provide evidence to substantiate claims of financial misconduct and impunity.
“We make bold to state that the commission is strategically positioned, along with sister agencies, to prosecute financial crimes and corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624) 337,” the petition read.
Onoja further urged the commission, under the leadership of Mr Olanipekun Olukoyede, “To investigate the complaint of abuse of office and corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”
Breaking News
Rivers Assembly Reopens Impeachment Push Against Gov. Fubara, Deputy
The Rivers State House of Assembly formally recommenced impeachment proceedings against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu.
This marks the second time within ten months that the state legislature has initiated such a move.
At a plenary session presided over by the Speaker, Martins Amaewhule, the Majority Leader of the House, Major Jack, formally read the notice detailing allegations of gross misconduct against Governor Fubara.
The notice, which was endorsed by 26 lawmakers, accused the governor of actions allegedly in violation of the Nigerian Constitution.
Amaewhule announced that the notice would be served on the governor within the next seven days.
During the same sitting, the Deputy Majority Leader, Linda Stewart, read the notice of allegations and gross misconduct leveled against Deputy Governor Ngozi Oduh.
Breaking News
Supreme Court: President Has Power To Declare Emergency Rule, Remove Elected Officials
The Supreme Court has reaffirmed that the President holds the constitutional power to declare a state of emergency in any state where circumstances threaten public safety or governance.
According to the ruling, this authority may be exercised to prevent a serious breakdown of law and order or to stop conditions from deteriorating into chaos or anarchy.
The court emphasized that such powers are intended to safeguard national stability and ensure the continued functioning of democratic institutions when extraordinary situations arise.
It noted that emergency measures are justified only in exceptional cases where normal governance mechanisms are unable to effectively address escalating crises.
More details later…
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