Tag: Jimoh Ibrahim
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Alleged 69.4bn debt: Court vacates order against Jimoh Ibrahim’s assets
The Federal High Court, Abuja, on Monday, set aside the interim order through which the Asset Management Corporation of Nigeria (AMCON) seized property belonging to a businessman, Jimoh Ibrahim, for an alleged N69.4 billion debt. Justice Okon Abang, in a ruling, also vacated all consequential orders earlier made by the court on Jan. 4 but…
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![JUST IN: [N69.4bn debt] Jimoh Ibrahim loses bid to vacate order on seized assets](https://thenewsguru.ng/wp-content/uploads/2016/10/Jimoh-Ibrahim.jpg)
JUST IN: [N69.4bn debt] Jimoh Ibrahim loses bid to vacate order on seized assets
A Federal High Court in Lagos has declined to vacate an interim order through which the Asset Management Corporation of Nigeria (AMCON) seized properties belonging to a businessman Jimoh Ibrahim for an alleged N69.4billion debt. Ibrahim, NICON Investment Ltd and Global Fleet Oil and Gas Ltd, had in a motion on notice, prayed the court…
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AMCON takes over Jimoh Ibrahim’s assets, freezes accounts over N69.4bn debt
The Asset Management Corporation of Nigeria (AMCON) has taken over 12 assets belonging to Chairman of Global Fleet Group, Jimoh Ibrahim, and frozen all his accounts over his N69.4bn. The seizure of the assets is pursuant to an order by Justice R.M. Aikawa of a Federal High Court, in Lagos. AMCON on Wednesday took effective…
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Ondo 2020: Jimoh Ibrahim dumps PDP, donates 20 campaign vehicles to Akeredolu
Ahead of the Oct. 10 governorship election in Ondo State, Dr Jimoh Ibrahim on Friday officially dumped the People’s Democratic Party (PDP) for the ruling All Progressives Congress (APC). The News Agency of Nigeria (NAN) reports that Ibrahim also donated 20 Kia Picanto cars to Gov. Oluwarotimi Akeredolu APC candidate toward his re-election campaign. Ibrahim,…
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COVID-19: Jimoh Ibrahim donates N40m to Ondo State
Mr Jimoh Ibrahim, business mogul and philanthropist, on Thursday donated N40 million to Ondo State to cushion the effect of COVID-19 lockdown on the people of the state. Ibrahim presented N10 million cheques each of four different banks to Gov. Oluwarotimi Akeredolu at the Government House, Akure. He said that the donation was to assist…
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Billionaire, Jimoh Ibrahim loses father two months after mum died in tragic accident
Billionaire businessman, Jimoh Ibrahim, has lost his father, Alhaji Yakubu Jimoh, two months after the death of his mother. According to QED.NG, the old man died on Sunday in his hometown of Igbotako in Ondo State. A bricklayer by profession, Pa Jimoh was estranged from his son. This online newspaper could not immediately confirm the…
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Jimoh Ibrahim’s mother dies in Lagos Inferno
Mrs. Theresa Jimoh, the mother of business mogul, Jimoh Ibrahim, has been killed in an early morning fire incident. It was learnt that the victim, who was about 76 years old, was at her house in the Victoria Garden City, Lagos, when a fire broke out around 2am. She was said to have been burnt…
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AMCON releases names of Nigeria’s non-paying debtors; Ubah, Jimoh Ibrahim, Babalakin, others top list
The Asset Management Corporation of Nigeria (AMCON) on Monday released the list of debtors it claimed have failed to negotiate successfully with the corporation. The list, which contains about 105 names, came months after the asset management company said it would need the support of other relevant agencies to ensure that obligors pay up their…