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Home Breaking News

N5bn Debt: AMCON Seizes Mansion From Kwara Ex-Gov, Ahmed (Video)

by Editor
September 22, 2021
N5bn Debt: AMCON Seizes Mansion From Kwara Ex-Gov, Ahmed (Video)
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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.

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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.

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