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Alleged Court Order Disobedience: Contempt Proceedings Instituted Against AMCON Boss, Ahmed Kuru


A notice of consequences of disobedience to  order of the court against the Managing Director (MD) of Assets  Management Corporation of Nigeria (AMCON) Ahmed Kuru, and one Lanre Olaoluwa    for allegedly disobeying the order of a Federal High Court sitting in Ikoyi, Lagos State, Nigeria, has been instituted. 

The legal war was initiated by a limited liability company, Global sterling products Limited before the same court. 

In its suit before the court, the firm pointed accusing fingers at the duo of Ahmed Kuru and Lanre Olaoluwa for allegedly refusing  to obey the order of the court restraining the receiver from interfering with the company's occupation and use of the premises at number 98, Kudirat Abiola Way,  pending the determination of the suit pending before the court. 

Meanwhile, the case has been adjourned until October 26, 2020 for further hearing. 

It would be recalled that the said court order came sequel to an affidavit and better affidavit sworn to by  the Managing Director (MD) of Global sterling Company Limited, Haris Puri and filed and argued before the court by a Lagos based lawyer, and Senior Advocate of Nigeria (SAN), Ade Adedeji. 

Specifically, Haris Puri had insisted that his firm, Global Sterling Products is the rightful owner of three Plot of  land measuring approximately  2170.897 square meters within the property known as  98, Kudirat Abiola Way,  Oregun, in Ikeja Local Government Area (LGA) of Lagos State having acquired the land legitimately, adding that however, on March 6, 2020, the firm became aware of the subsistence of the extant suit when it was served with an order of the court by AMCON. 

Haris Puri further posited that the company was neither a party to the suit nor a beneficiary indebted to anyone including the respondents in the suit. 

While adding that the order of the court as related to the portion of the land was made as a result of misrepresentation, as the property was not owned by any of the respondents, rather by his company, Harris Puri contended that the company should not suffer for the sins, ineptitude and failure of the bank to conduct a proper due diligence. 

Haris Pari said the company undertakes to vacate the premises of the property in the unlikely event that in the course of hearing of the substantive suit,  the above facts are found to be false.

It therefore asked the court to vary the order and discharge same. 

But in its counter and further affidavit sworn to by one Ayodele Majekodunmi, AMCON stated that  a company called Cortex  obtained loan from former Skye Bank now Polaris bank which was acquired by AMCON as non performing loan. 

This then prompted AMCON to on April 11, 2019, obtain an order of the court to attach all the assets that AMCON reasonably believed to be owned by the defendants. 

After entertaining submission of parties, the court, presided over by Justice  Chukwujekwu Aneke ordered that "The receiver is therefore restrained from interfering with Global Sterling Limited occupation and use of the said premises contained in the said number 98, Kudirat Abiola Way, pending the determination of this suit." 

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