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Seizure of Lagos Hotel: Court Dismisses AMCON’s Exparte Order

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4 years ago

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Seizure of Lagos Hotel: Court Dismisses AMCON's Exparte Order
Aftermath of losing the case against Peace Hotels Limited in the court of law on Tuesday, AMCON is said to have ignored the Court’s order by obstinately refusing to withdraw its security officers from Mr. Oreye’s house and his business premises.
Seizure of Lagos Hotel: Court Dismisses AMCON's Exparte Order
The report reaching us claims that an Abuja Federal High Court has vacated an ex-parte order against Peace Global Satellite Communication network and it’s Managing Director, Oreye Udo Livingstone which was earlier obtained in March this year.
The earlier interim ex-parte order which granted Benson Ibezim, the 3rd Claimant/ Respondent the receiver Manager appointed by AMCON which is the 1st Respondent to take possession of the properties belonging to Oreye and his wife which includes their residence and hotel located at Omole estate, Lagos was vacated after careful consideration of all Affidavits, counter-Affidavits, written addresses, exhibits and submissions of counsel for and against the relief sought.
Seizure of Lagos Hotel: Court Dismisses AMCON's Exparte Order
Delivery judgement, the presiding Judge who ordered immediate vacation of the ex-parte order noted that the court discharged or set aside the earlier order because the earlier ex-parte order was obtained without jurisdiction and upon suppression of facts. Besides, the Judge noted that AMCON’s Lawyer went ahead to move the motion on March 9th in spite of the fact that a notice of Appeal showing that the matter was in the Supreme court served the Claimant on February 14 this year.
It would be recalled that Oreye Livingstone has petitioned the Attorney General of the Federation (AGF) and the Senate Committee on Banking, Insurance and other Financial Institutions over the seizure of his properties by AMCO.
According to the petition, Asset Management Company Of Nigeria (AMCON) took possession of his two housing properties and business premises after 15 heavily armed Policemen stormed his hotel in Omole estate in July 24 2020 and AMCON Receiver, Benson  Ibezim took partial possession of the properties because the Receiver failed to file motion on notice within 14 days as directed in Paragraph 9 of the same order of the court dated March 9th,2020. However, three days to the court ruling, the Receiver attempted to take full possession.
Seizure of Lagos Hotel: Court Dismisses AMCON's Exparte Order
This  according to Oreye is happening when the matter which has dragged on for years is now before the Supreme Court.
Findings reveal that Oreye through his company Peace Global Satellite Communication in 2004 borrowed N178 Million to supplement the rolling out of wired phones. Out of the N178m borrowed, the sum of N162 million was paid back, remaining a balance of N16m on principal. There was a thunderstorm that destroyed the Peace Global Satellite Communications network, a development that made WEMA Bank attempt to sell the collateral used to secure the loan but Peace Global went to court in 2009 claiming amongst other things, that WEMA Insurance Brokers failed to process their thunderstorm claim for 2 years. This matter we also gathered was already in court before the creation of AMCON but according to Oreye, WEMA Bank misrepresented to AMCON that the balance on principal was N240m which made AMCON to buy the loan for N123m. According to the petition, compilation of records was done by all parties including AMCON on June 16th, 2020.
Thereafter, the records were transmitted on June 19th, 2020 to Supreme Court while a brief of Argument has since been filed.
But Ibezim in his affidavit claimed that the matter was not before any court.But Oreye through his Lawyer was able to prove to the court that the matter is before the Supreme court necessitating the same Judge vacating the earlier order.
As at press time, AMCON’s security men are still at the residence of Oreye at Omole estate and his business premises, an hospitality outfit, also located at Omole estate, Lagos hours after the judgement of the Court even when AMCON’s Lawyer has obtained the certified true copy of the judgement and was in court when the judgement was delivered.
Meanwhile, Oreye has called on the Attorney General of the Federation (AGF) and the Senate Committee on Banking, Insurance and other Financial Institutions to ask AMCON to withdraw its’ security men from his residence and hotel in strict obedience to the court order
Meanwhile, after the ruling, Oreye’s lawyer, Barrister Mike Umonnan, commended the court for being the hope of the hopeless and expressed confidence in the judiciary

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

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57 minutes ago

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December 21, 2024

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

 

By Solanke Ayomideji Taiwo

 

 

In a heartfelt message, The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, has extended warm festive greetings to Christians in Abeokuta South, Ogun State, and across Nigeria as the nation embarks on the joyous celebration of Christmas.

 

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

Recognizing the significance of this time of year, Olopade emphasized the essence of unity, love, and gratitude that the Christmas season embodies. He urged citizens to reflect on the virtues of compassion and generosity, which are particularly vital in fostering peace and harmony in communities.

 

 

 

“Christmas is a time for joy, reflection, and togetherness. It reminds us of the values of love and kindness, which are fundamental to our social fabric,” said Olopade. “As we celebrate this festive season, let us remember those in need and extend a hand of support to one another.”

 

 

The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, acknowledged the challenges that many have faced over the past year, including economic hardships and social unrest, yet he expressed optimism for the future. “In the spirit of Christmas, let us embrace hope and look forward to a brighter tomorrow. Our unity and resilience can overcome any challenges we face.”

 

 

 

Olopade also highlighted the importance of sports in promoting peace and national unity, noting that the NSC is committed to fostering an inclusive environment where all Nigerians can participate in sports and recreational activities. He encouraged communities to engage in sports events during the festive period as a means to strengthen bonds and celebrate togetherness.

 

 

 

As part of his Christmas message, Olopade called on everyone to prioritize the welfare of others, particularly the less fortunate. He urged individuals and organizations to consider charitable acts that can uplift those in need during this season of giving.

 

 

 

In closing, Bar. Bukola Olopade wished all Nigerians a Merry Christmas filled with love, peace, and joy. He expressed hope that the spirit of the season would inspire a renewed commitment to community service and cooperation among citizens.

 

 

 

As the festivities continue, the Chairman’s message resonates with the values of compassion, unity, and hope, encouraging all to celebrate the true meaning of Christmas.

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OGSTEP Empowers Over 15,000 Artisans and Traders with Skills Development

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6 hours ago

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December 21, 2024

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OGSTEP Empowers Over 15,000 Artisans and Traders with Skills Development

The Ogun State Economic Transformation Project (OGSTEP) has successfully trained over 15,000 artisans and traders as part of its ongoing skills development initiative under the Ogun State Skills Fund (OSF).
This was disclosed by the Skills Development Specialist, Engr. Adesegun Fatoki, during a stakeholders’ meeting held at the Obas’ Complex, Oke-Mosan, Abeokuta. He revealed that the training program recorded 6,605 participants in Vocational/ICT skills, 4,989 in Entrepreneurship, and 5,288 in Functional Literacy Training.
Engr. Fatoki explained that the OSF training is designed to equip participants with the knowledge and skills to effectively manage their income and businesses. “So far, over 4,000 beneficiaries have completed their training in the first batch, while the second batch is currently underway across various trades. The third phase will target market women, artisans, and traders, bringing the initiative closer to grassroots communities,” he stated.
He encouraged artisans, market women, and traders to register for the ongoing third batch of the training by visiting www.osf.ogunstate.gov.ng. He assured that the program focuses on demand-driven skills and operates at various training centers across the state.
Emphasizing the government’s commitment to the program’s success, Engr. Fatoki reassured stakeholders that the initiative is non-partisan and designed solely for the benefit of market women, artisans, and traders.
In response, representatives of various groups expressed gratitude to the state government for the initiative and pledged to mobilize their members to take part in the training.
Speaking earlier, the Project Gender Specialist, Mrs. Ewajesu, highlighted the program’s goal of empowering artisans and traders with critical skills to thrive in today’s competitive economic landscape. She explained that the training also improves participants’ literacy and business management capabilities, enhancing productivity and strengthening the state’s economy.
Mrs. Ewajesu urged participants to make the most of the opportunity, noting that the skills acquired would position them for greater success in their respective trades.
The meeting was attended by representatives from the Remo, Ijebu, Yewa, and Egba Traders’ Associations, who expressed optimism about the program’s positive impact on their communities.

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Ibadan Funfair Tragedy: Ooni’s Ex-Queen Hospitalised as IG Leads Probe into Stampede

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13 hours ago

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December 21, 2024

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Ibadan Funfair Tragedy: Ooni’s Ex-Queen Hospitalised as IG Leads Probe into Stampede

Ibadan Funfair Tragedy: Ooni’s Ex-Queen Hospitalised as IG Leads Probe into Stampede

 

The Inspector General of Police, Kayode Egbetokun, has taken over investigations into the tragic stampede at a children’s funfair in Ibadan, Oyo State, which claimed the lives of 35 children and left six others injured. The incident occurred when over 7,500 participants, far exceeding the expected 5,000, rushed to gain entry to the event.

The funfair was reportedly organised by Prophetess Naomi Silekunola, the former queen of the Ooni of Ife, in collaboration with Ibadan-based broadcaster Oriyomi Hamzat.

Naomi, who was arrested alongside Hamzat, reportedly collapsed on Friday and was rushed to the Police Hospital at Eleyele for medical attention. A senior hospital staff member confirmed the development, stating, “Both of them are currently at the hospital. The police have secured the premises, and no further details can be disclosed.”

Eight individuals have been arrested in connection with the incident, according to Oyo State Police Command spokesperson Adewale Osifeso. A police source revealed that the Inspector General of Police has now taken charge of the case, stating, “For further details, you’ll need to contact Abuja.”

Victims and Medical Response

The Chairman of the Medical Advisory Council at Adeoyo State Specialist Hospital, Dr. Adeoye Allen-Taylor, confirmed that four children remain on admission. He added that some casualties were brought in dead and that the Oyo State Government is covering all medical expenses.

At the University College Hospital (UCH), Ibadan, five fatalities were reported, though none of the bodies were taken to the hospital’s mortuary. The Public Relations Officer of UCH, Funmi Adetuyibi, confirmed the death toll.

Government and Public Reactions

In response, the Oyo State Government mandated strict safety measures for all public events, especially those involving children and the elderly. Commissioner for Information and Culture, Prince Dotun Oyelade, warned event organisers of severe penalties for compromising public safety.

Governor Seyi Makinde, describing the tragedy as “painful and preventable,” announced the cancellation of his December 25th birthday celebrations to honor the victims. “There will be no birthday celebration this year. I will remain indoors to reflect,” the governor stated while receiving a condolence delegation from the South-East PDP, led by Senator Adolphus Wabara.

Condolences from PDP and Fayemi

The South-West chapter of the Peoples Democratic Party (PDP) expressed its condolences to the Oyo State Government and families of the victims. PDP Publicity Secretary Chief Sanya Atofarati attributed the tragedy to economic hardships, which he said pushed families to seek free entertainment for their children.

Former Ekiti State Governor, Dr. Kayode Fayemi, also extended his sympathies, urging authorities to prevent similar incidents in the future.

The investigation continues, as authorities work to uncover the causes of the tragedy and ensure accountability.

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