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Published On: Fri, Dec 4th, 2020

Kanu drags AMCOM to court over confiscation of property

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Nigeria football legend, Nwankwo Kanu has dragged Assets Management Corporation of Nigeria (AMCON) to a Federal High Court in Lagos for allegedly taking possession of Hardley Apartments that belongs to the former Super Eagles captain despite existing court ruling against the confiscation
The hearing is scheduled to come up on February 16, 2021 on a contempt of court against AMCON
Though, the AMCON is seeking to recover an alleged N924million debt owed by Hardley Apartments, Justice Chukwujekwu Aneke however fixed the February date for hearing for contempt of court filed by Kanu’s lawyers pending other applications.
DailySun recalls AMCON filed the suit in 2015 with Hardley Apartments and its Director, Ayoola Gam-Ikon as first and second defendants.
Kanu accused AMCON of inducing the protracted nature of proceedings “due to their refusal/inability to obey specific order of court to provide the full statements of accounts, by which they came to the position of the purported indebtedness.”
The 1996 Olympic gold medallist said the statement had become necessary, “in the light of some bizarre actions of self-help/recklessness embarked upon by AMCON in vandalising/stripping assets, under the guise of renovations, but ostensibly with a clandestine design to brazenly sell or hand it to a third party.”

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