society

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

Published

3 years ago

November 26, 2020

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.

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.

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.

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

Related Topics:AMCON Featured peace hotel

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Sahara Weekly

Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

society

How Primate Ayodele Foretold Guinea Bissau Crisis, NAF Aircraft Crash (VIDEOS)

Published

2 hours ago

December 1, 2023

Sahara Weekly

How Primate Ayodele Foretold Guinea Bissau Crisis, NAF Aircraft Crash (VIDEOS)

Gunfire broke out near Guinea-Bissau’s presidential palace overnight and continued on Friday morning after soldiers freed a minister from the main opposition party detained for suspected misuse of public funds, Reuters reporters and a police source said.

Military vehicles were on the streets on Friday morning as residents commuted to work and school. Gunshots could still be heard but were less frequent than during the night. Another reporter heard gunshots not far from the presidential palace.aaaaaaaa

The gunfire was between soldiers in the Guard and special forces.

This development has fulfilled the prophecy of Nigeria prophet, Primate Ayodele which he shared concerning the country sometime in October.

He shared then that there will be a tough moment as he sees danger in the country. He stated that the country will be unstable and there is need to be watchful against another coup.

These were his words:

‘There is going to be a very tough moment in Guinea. Let’s be careful of another coup that can come up in Guinea. The country will be unstable, it’s shaking. The leaders should be focused because there is danger ahead of the country’’

@primateayodele

@Primate Ayodele #mamadydoumbouya #doumbouya #guinea #primateayodele #iescworldwide #africa #african #africatiktok #africantiktok

♬ original sound – Primate Ayodele

In the same vein, tragedy was averted this morning after an aircraft belonging to the Nigeria Air Force crashed and exploded in Port-Harcourt.

It would be recalled that in 2022, Primate Ayodele warned the Air Force to be careful of aircraft crashes. This particular prophecy has continued to come to pass because the NAF has experienced crashes at different times this year.

@primateayodele

@Primate Ayodele #nigeriamilitary #nigerianmilitary #airforce #december #military #militarytiktok #militarylife #militaryedit #iescworldwide #airforce1 #aviation #aviationdaily #primateayodele #fulfillment

♬ original sound – Primate Ayodele

society

BTC Cautions Enigie Against Being Addressed As Traditional Rulers By Elvis Omoregie, Benin

Published

3 hours ago

December 1, 2023

Sahara Weekly

BTC Cautions Enigie Against Being Addressed As Traditional Rulers

By Elvis Omoregie, Benin

The Benin Traditional Council (BTC), today cautious Enigie against being addressed as Traditional Rulers despite the unambiguous Benin Tradition.

The warning is contained in a press statement signed by Professor Edoba Omoregie, SAN, for and on behalf of the Benin Traditional Council and made available to TREND REPORTERS.

The statement observed that by virtue of the Benin Customary Law; which is part of the constitution of the Federal Republic of Nigeria, 1999, the title of Enogie of any community in Benin Kingdom is the creation of the Oba of Benin and under the authority of the Benin Traditional Council.

The statement further states that upon appointment as a CHIEF OF THE OBA PALACE to a community as a representative of the Oba of Benin in that community; but NEVER as a traditional ruler as there is only one traditional ruler in the whole of the Benin Kingdom, who is the OBA OF BENIN.

The statement therefore warned that any further breach of the traditional protocol would be considered by the BTC as a serious affront to the entire Benin People and the palace of the Oba of Benin.
It added that such breach would be visited with serious consequences under the law.

society

New Israeli Airstrikes Killed At Least 32 People And Injured Dozen (Photo)

Published

3 hours ago

December 1, 2023

Sahara Weekly

New Israeli Airstrikes Killed At Least 32 People And Injured Dozen (Photo)

GAZA — New Israeli air strikes on the Gaza Strip have killed at least 32 people and injured dozens, medical sources in the Gaza Strip told Xinhua on Friday.

The sources said at least 32 Palestinians were killed and dozens injured in varying degrees as a result of Israeli raids that targeted several areas of the Gaza Strip.

The government media office in Gaza said in a statement that Israeli aircraft bombed a number of inhabited homes and crowded areas in several cities of the Gaza Strip.

The statement held the international community responsible for “the continued war on children and women.”

Sirens were sounding in Israeli towns near their border with Gaza Friday morning for the first time since Israel and Hamas reached a humanitarian truce on Nov 24, according to Israeli media.

The Israeli army confirmed that it intercepted a missile fired towards Israel from the Gaza Strip. In the wake of the attack, the Israeli Home Front Command tightened guidelines for civilians in some areas of the country.

The temporary humanitarian truce reached between Israel and Hamas ended at 7:00 am local time (0500 GMT) Friday.