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CLO Condemns AMCON’s Disobedience Of Court Orders, Secretly Moves To Sell Company’s Properties

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The Civil Liberties Organization has berated AMCON for failing to obey court orders on an ongoing case involving the agency and Peace Global Satellite Communications Limited.

 

 

 

The Human Rights Organization made this disclosure in Lagos today during a press conference.

 

 

 

The organization stated below its findings after a thorough investigation of the dispute between Peace HGlobal and AMCON.

 

 

 

This was the unedited press statement issued and signed by its Chairman Comrade Abiola Bakare as well as Secretary Comrade Enitan Joseph .

 

 

 

 

 

The Antecedents of the Matter

 

 

Our Organisation ( CLO) acknowledged a complaint from Barrister Oreye U.L. MD/CEO Peace Global/ Peace Hotels Limited, Omole Lagos State.

 

 

He narrated his predicament on how AMCON went to obtain an ex-parte order to take possession of his properties in Omole Estate Lagos when the matter of the exact quantum of Debt owed by Peace Global Satellite Communication Ltd is on appeal at the nation’s Apex Court. The Supreme Court, which he believed very strongly that the ex-parte order was to undermine or truncate the course of Justice.

 

 

 

He further narrated how Peace Global borrowed N178 Million from Wema Bank Plc. In 2004 to roll out the wired phone network in Omole Estate Phase 1,2 and it’s environs N162 Million was paid back after obtaining the loan, remaining a balance on principal of N16million. 2 years later, thunder storm destroyed the network that was acquired through the loan and Wema Insurance Brokers failed to process the thunder storm claim.

 

 

 

Barrister Oreye stated that at a point Wema Bank Plc attempted selling the collateral used in securing the loan without due process hence Peace Global went to court in 2009.

 

 

 

Upon the creation of AMCON in 2010, Wema Bank misrepresented to AMCON that the balance on the principal was N240 Million instead of N 16 Million, which made AMCON bought the loan at N123 Million in 2012. Upon detection of the padding by Wema Bank of the loan amount. Peace Global wrote immediately to AMCON alleging false misrepresentation of figures.

 

 

 

Let’s actually straight line function of AMCON. You would recall that Asset Management Corporation Of Nigeria (AMCON) was established on the 19th July, 2010, when the President of the Federal Republic of Nigeria signed the AMCON act into law.

 

 

 

AMCON was created to be a key stabilizing and re-vitalizing tool aimed at reviving the financial system by efficiently resolving the non-performing loans assets of the banks in the Nigerian economy. AMCON being a machinery of Government meant to protect the productive sectors of the economy and depositors / customers alike.

 

 

 

 

 

Barrister Oreye also informed us that AMCON which was created in 2010 and the debt was bought on 20th June, 2012 when the matter was over 3 years old in court and after AMCON had had been joined by Order of Court on 23rd of February, 2012.

 

 

 

Based on issues raised by Peace Global concerning padding of Peace Global’s debt which AMCON bought from Wema Bank, the letter which Peace Global wrote to AMCON was passed to WEMA to respond to and in Wema Bank’s reply Wema Bank denied telling Peace Global that debt on principal was N240 Million but claimed that the debt on principal was N60 Million. In a nutshell, the suit which has been in court was dismissed on the technical ground that claimants failed to file the CMC whereas the claimant filed the CMC form, but was yet to serve the parties.

 

 

 

On the 24th July, 2020, Barrister explained that without being served any court process, a bailiff of Federal High Court Sheriff was at his property presented Court Orders dated 9th March, 2020 issued by Federal High Court, Abuja which it expires if no motion on notice is served within 14 days of the ex-parte for possession was not appropriately obtained and executed hence, it was invalid and fraudulent.

 

 

 

 

 

Writ of Summons was filed on the 20th March, 2020 and served on them on 28/08/2020 in the supporting Affidavit, it was claimed fraudulently that the matter was not pending before any court whereas it was pending before the Supreme Court.

 

 

 

Despite all these fundamental flaws, Barrister Oreye together with his wife and family were dehumanized and humiliated, traumatized by AMCON locking up the gates of his business and writing “POSSESSION TAKEN TODAY 24-07-2020 BY COURT ORDER IN SUIT NO.FHC/ABJ/156/2020 IN RECEIVERSHIP BY AMCON” on the gate and the wall of his business. At his residence where he lives with his family, similar signage was written boldly respectively.

 

 

 

Having carefully gone through relevant documents on the matter brought to our office, the CLO found it expedient to intervene in the matter so as to protect Barrister Oreye and his family’s fundamental human rights. This has done great havoc, violence to their fundamental human rights to reputation, privacy, to own properties, and to do business in line with the constitution of the Federal Republic of Nigeria Chapter IV (43). (Human rights).

 

Moreover, Barrister Oreye (MD Peace Global) had been working very hard in adding value to the youths in Nigeria by providing legitimate employment and services to people via his companies. Such a man should be supported and be encouraged to do more rather than exposing him and his wife , children to unscrupulous embarrassment and traumatized torture The siege of 8 uniform guards that are still monitoring the movement of the family at their residence and Peace Hotels Customers is traumatizing and in human.

 

We however, wrote to the MD AMCON, in our letter dated 3rd of December, 2020 in respect of the matter, where we requested AMCON to withdraw 8 nos uniform guards workers stationed at the residence and business premises of Barrister Oreye MD/CEO of Peace Global/Peace Hotels Limited Omole, Ikeja , Lagos. More so when our organization heard about the reappointment of Mr. Ahmed Kuru as Managing Director of the Asset Management Corporation, Mr. Eberechukwu Uneze and Mr. Aminu Ismali as Executive Director for the final term of five years which the nominations were forwarded to the senate of the Federal Republic of Nigeria for confirmation in accordance with section 10(1) of the AMCON act, 2010.

 

 

 

We equally wrote to the Senate President Hon. Ahmed Lawan, on our letter dated 15th December,2020 to use his prestigious office in prevailing on Mr Ahmed Kuru to respect court order before confirmation of the 2nd term in office. But all to no avail. We have not heard any response from anyone so far hence this press conference.

 

 

 

For these reasons, we are calling on the President Major General Muhammadu Buhari (retired), we are also calling on the senate President, Hon. Ahmed Lawan, the speaker Federal House Of Representatives, Hon. Speaker Gbajabiamila and the Inspector General of Police to immediately prevail on Mr. Ahmed Kuru (MD AMCON) to obey court order and withdraw with immediate effect the 8 AMCON security guards that had been laying siege at the business centre of Barrister Oreye and his residence despite the vacation order in obedience to the judgement order on vacating / discharging dated 24th day of November,2020 before his lordship.

 

 

 

The Hon. Justice A.I. Chikere (Presiding Judge) in the Federal High Court of Nigeria, Holden at Abuja, on Tuesday 24th day of November, 2020 suit no FHC/ABJ/CS/156/2020 pending hearing and determination of substantive suit.

 

 

 

AMCON’S REFUSAL TO OBEY COURT ORDERS IS A THREAT TO DEMOCRACY AND RULE OF LAW.

 

 

 

The Civil Liberties Organisation would continue to campaign for good governance, rule of law and true democracy.

 

 

 

We cannot keep watching, but must do something, for in the words of Edmund Burke,”all it takes for evil men to take over the society and poison it, is for good men to stand aloof and do nothing.”

 

It is definitely a right time for Nigeria to #endamconlawlessness #amcon

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Among His Peers, Oba Orin Saheed Osupa Stands Out : The Fuji Star’s Storytelling Legacy By Alhaji Arems

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Among His Peers, Oba Orin Saheed Osupa Stands Out : The Fuji Star's Storytelling Legacy By Alhaji Arems

Among His Peers, Oba Orin Saheed Osupa Stands Out : The Fuji Star’s Storytelling Legacy

By Alhaji Arems

 

In the vibrant world of Fuji music, where the artistry of storytelling and cultural commentary thrive, Saheed Osupa has carved out a unique role as both an artist and an influencer of thought. Recently, his name has been lighting up social media discussions and generating significant buzz—not just because of his music but because of the depth of his words. Osupa’s trending status is rooted in his ability to subtly address pressing issues, particularly those surrounding the ongoing tension between fellow Fuji musicians Taye Currency and Pasuma Wonder.

 

 

Osupa’s recent contributions to this situation have not been straightforward; rather, he has adopted an artistic approach, using parables and proverbs—sometimes through complex storytelling—to impart wisdom. These nuanced messages, often hidden within his lyrics, resonate with fans who appreciate the clever way he brings age-old Yoruba wisdom into contemporary issues. One notable example involves a story about an animal (traditionally symbolizing patience and resilience) that many believe reflects Osupa’s thoughts on rivalry and pride. Through this parable, he seems to suggest the importance of self-reflection and restraint, especially in the heat of conflict.

Among His Peers, Oba Orin Saheed Osupa Stands Out : The Fuji Star's Storytelling Legacy

By Alhaji Arems

In a genre that values not only musicality but also the power of words, Osupa has long been seen as a master of *itan*, or storytelling. His recent songs echo the traditional Yoruba way of imparting wisdom through tales that serve as lessons. This is a skill that few artists have mastered, making his approach particularly impactful in today’s fast-paced digital world, where nuanced messages can often be overlooked.

Beyond the Taye Currency-Pasuma Wonder issue, Osupa’s trending status is also due to his reputation as a voice of reason and maturity in Fuji music. As a genre that is often vibrant and full of competitive spirit, Fuji has its share of rivalries. Yet, Osupa has often stood out by promoting unity and peaceful dialogue among Fuji artists. By sharing these reflective stories in his music, he adds layers of meaning that fans continue to unpack and discuss, drawing new audiences who appreciate both the artistry and wisdom behind his words.

The charm of Saheed Osupa lies in his timeless approach. In a world where trends are fleeting, he reminds fans of the importance of timeless values, urging reflection, humility, and understanding. As fans interpret and share his latest stories, Osupa’s message continues to resonate widely—proof that, in Fuji, the power of words can be as influential as the beat of the drum.

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What You Need To Know About Award-Winning Nigerian Actor, Mustapha Sholagbade

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What You Need To Know About Award-Winning Nigerian Actor, Mustapha Sholagbade

What You Need To Know About Award-Winning Nigerian Actor, Mustapha Sholagbade

 

Mustapha Ololade Sholagbade, born on January 1, 1989, in Ebute Metta, Lagos, is an accomplished Nigerian actor, producer, and filmmaker with a deep passion for Yoruba cinema. Originally from Abeokuta, Ogun State, he is the first child in his family. Sholagbade began his education at Kadara Primary School and continued at Sojomen Talabi High School, Akute, and Nawairudeen Secondary School, Ebute Metta. He later earned an Ordinary Narional Diploma in Business Administration from the Lagos State Polytechnic. Pursuing his passion for acting, he trained at Odunfa Caucus, where he graduated in 2010.

Sholagbade launched his acting career in 2005, making a name for himself in Yoruba-language films. His portfolio includes roles in popular films like Olowo Ghetto, Alaimo, Ebun Mi, Esi, Gold and Treasure, Liam, Emilomo Babaolowo, Oko Aunty Mi, Broken Bond (Tude), and Last Born. In addition to acting, he has also produced several films, further cementing his influence in the industry.

Beyond the entertainment world, Sholagbade is a versatile professional with experience in railway engineering, IT support, and site management in the UK. He is also a farmer and general merchant, demonstrating his entrepreneurial spirit and diverse skill set.

Throughout his career, Sholagbade has collaborated with top figures in Yoruba cinema, such as Yinka Quadri, Taiwo “Ogogo” Hassan, Funke Akindele, Femi Adebayo, Odun Adekola, Oga Bello, Baba Wande, Jide Kosoko, Funsho Adeolu, Fathia William Balogun, Saidi Balogun, Wunmi Toriola, and Mide Martins.

Sholagbade’s hobbies include traveling, business, football, filmmaking, and meeting new people, reflecting his dynamic and outgoing personality.

Sholagbade’s talent and dedication to his craft have earned him numerous accolades, including: Best Actor Yoruba – BON Awards, 2024, Best Supporting Actor– Afro Nollywood Awards, UK, 2019, Best Supporting Actor– Heritage Awards, Atlanta, USA, Best Supporting Actor of the Year (Yoruba) – City People Movie Awards, Best New Actor of the Year (Yoruba) – City People Movie Awards.

With his achievements and versatility, Mustapha Ololade Sholagbade remains a notable force in the Nigerian film industry and a proud ambassador of Yoruba cinema worldwide.

What You Need To Know About Award-Winning Nigerian Actor, Mustapha Sholagbade

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Coalition Congratulates Oluyede on Appointment as Acting COAS

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Coalition Congratulates Oluyede on Appointment as Acting COAS

Coalition Congratulates Oluyede on Appointment as Acting COAS

 

The Coalition of Civil Society Groups against Terrorism in Nigeria has congratulated Major-General Olufemi Oluyede on his appointment as the acting Chief of Army Staff, (Ag COAS, Nigerian Army).

Coalition Congratulates Oluyede on Appointment as Acting COAS

The Convener of the Coalition, Comrade Oladimeji Odeyemi, in a statement, said General Oluyede has the responsibility to consolidate the success achieved by the Nigerian Army under General Taoreed Lagbaja.

President Bola Tinubu had on Wednesday, October 30, appointed Oluyede as acting COAS pending the return of the indisposed substantive Chief of Army Staff, General Taoreed Lagbaja.

The Coalition said his appointment is a welcome development. It said: “Major-General Olufemi Oluyede is well qualified for the position. He was a member of the 39th regular course and commissioned as an officer in 1987. Aged 56, he was promoted to the rank of Major-General in September 2020. A professional and top-notch security expert, he brings a lot of hope and inspiration to younger officers as acting chief of Army Staff.

“His appointment is the way to go. As the acting Chief of Army Staff, Oluyede has the responsibility to lead an army that will administratively manage the institution, consolidate on the success achieved by General Lagbaja and his team to mop up remnants of insurgents, bandits and the ragtag criminal elements in the North, and dismantle the ethnic militias in the Southeast to bring peace in the country.

“The 56-year-old Oluyede shares a long history with General Lagbaja, with a track record and excellent service to the nation. Both are members of the 39th Regular Course and were commissioned as officers in 1987.

“Oluyede’s meritorious career began as a Platoon commander and adjutant at 65 Battalion, advancing to Company commander at 177 Guards Battalion and later Staff Officer at the Guards Brigade and commandant of Amphibious Training School.

“Oluyede has been part of many notable operations, including the ECOMOG Mission in Liberia, Operation HARMONY IV in Bakassi, and Operation HADIN KAI in the Northeast, where he commanded the 27 Task Force Brigade.

“He has received honours, including the Corps Medal of Honour, and Grand Service Star, all recognition for passing the Staff Course and membership in the National Institute, and his dedication and achievements in service.”

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