AMCON takes Buba Galadima’s possessions over N900 m insolvency

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By Babajide Komolafe.
ABUJA– Property Management Corporation of Nigeria, AMCON, has actually taken control of the possessions of Alhaji Buba Galadima which of his business, Bedko Nigeria Limited.
This followed an order a Federal High Court being in Abuja.

AMCON in a declaration stated: “Bedko Nigeria Limited and Alhaji Galadima owe AMCON almost N900 million. The loan was bought throughout the very first stage of Qualified Bank Assets buy from Unity Bank Plc in2011 Ever since, AMCON has actually provided the obligor a great step of olive branches and checked out all opportunities to fix the matter agreeably, however the obligor, and his business, Bedko Nigeria Limited have actually stayed recalcitrant and reluctant to pay back the big financial obligation to the Corporation.
” The order, which was approved to AMCON by Justice A. I. Chikere, provided the federal government healing company the power to take control of some residential or commercial properties coming from the political leader. The residential or commercial properties consist of Home No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Area (FCT), Abuja and home No. 4, Bangui Street, Wuse 2 likewise in high-brow location of Abuja.

” Alhaji Galadima is a popular Nigerian political leader and engineer who officially was the Director-General of the Nigeria Maritime Firm (NMA) from 1996 to1998 He was selected National Secretary of the Congress for Progressive Modification (CPC) Celebration, which was formed then in the run-up to the 2011 nationwide elections as a leading platform in the meantime incumbent President Muhammadu Buhari.
” It would likewise be remembered that Galadima is among the 9 signatories that signed the merger arrangement in between some political celebrations that came together, consisting of the All Progressives Grand Alliance (APGA); Congress for Progressive Modification (CPC); All Nigeria Peoples Celebration (ANPP) and Action Congress of Nigeria (CAN) to form the judgment All Progressive Congress (APC), which is the platform on which the present president of Nigeria objected to and won the 2015 governmental election.
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