Day: November 19, 2020

N69.4bn Debt: AMCON takes over Jimoh Ibrahim’s prime properties

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The Assets Management Corporation of Nigeria(AMCON) amended act, may have spelt trouble for corporate debtors, as it provides the corporation with additional powers to deal decisively with debtors that hide under legal technicalities to avoid repayment of their loans. One of such people who just received the short end of the stick is no other person than the CEO of NICON Investments, Barrister Jimoh Ibrahim. Following the order of Honourable Justice R.M. Aikawa of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) has taken possession…

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Kidnapping: Bandits demand N100m ransom for abducted ASPs

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Reports say armed bandits holding Assistant Superintendents of Police captive in Katsina State for over one week are demanding N100m ransom for their release. It was gathered that the ASPs were among the nine who were just promoted to their current rank. They were attached to the Mobile Police Squadron 6, Maiduguri, Borno State. The officers who were demobilised from the riot unit and eight of them were on their way to the Zamfara State Police Command on transfer when they were ambushed in the Dogondaji area of Katsina State…

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How 24-year-old suspect collected N500,000 ransom, killed 8-year-old girl in Kano

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Habibu Sale, a 24-year old suspect has been apprehended by men of the Kano State Police Command after he allegedly kidnapped and killed an 8 year-old girl, Asiya Tasiu in Chikawa village, Gabasawa Local Government Area of the state. Habibu was said to have also collected a ransom of N500,000 before the girl died. His claim was that, the girl died as a result of an accident on a motorcycle when he was driving her away to their hideout. Habibu was arrested on November 7 in front of his house…

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