Top Nigerian mall belonging to opposition MP shut over debt

2016-06-24 13:55


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Abuja - Nigeria's Asset Management Corporation (AMCON) has sealed off a top mall in the heart of the country's capital Abuja.

The Silverbird Galleria, a property owned by opposition member, Senator Ben Murray-Bruce, was shut down owing to an alleged N10bn loan taken out by the politician.

The Silverbird Galleria buildings in Abuja, Lagos and Port Harcourt, which housed cinema theatres, television and radio stations of the brand has been rendered non-operational since the seizure on Thursday.

According to a statement by the Head of Corporate Communications of AMCON, Jude Nwauzor, the sealing off of the properties followed a court injunction by the Federal High Court Lagos Division on Friday June 17, 2016.

It said that the court "granted interim injunction against Silverbird Productions Limited, Silverbird Showtime Limited, Silverbird Galleria Limited and Senator Ben Murray-Bruce, Guy Murray-Bruce, Roy Murray-Bruce and Janthan Murray-Bruce on the application of AMCON.

Justice CMA Olatoregun, while granting the order, restrained the Senator and other obligors from challenging, interfering with or otherwise obstructing or frustrating the Receiver appointed by AMCON over the fixed and floating assets of the listed companies belonging to the Murray-Bruce family.

Senator Murray-Bruce took to his Twitter page in reaction to the matter, claiming that the situation was already being resolved.

Read more on:    amcon  |  ben murray-bruce  |  nigeria  |  western africa

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