Nigerian Asset Management Corporation, AMCON Sues Demayo Company, Owners Over Alleged N300m Debt | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Joined as co-defendants in the suit are directors of the company identified as Moshood Ademola Omidiran, Wulayat Omidiran and Abdulmalik Omidiran.

The Asset Management Corporation of Nigeria has dragged Demayo Holdings Nigerian Limited before a Federal High Court in Lagos over alleged N300 million debt.AMCON in an Ex parte Motion marked FHC/L/AMC/22/2022 asked the court to recover the sum of N319,658,903.56 from the defendants.“WHEREOF the claimant claims against the Defendants as follow; The sum of N319,658,903.

56 being the outstanding indebtedness of the Defendants as At February 2, 2022,” the court documents read.“Interest at the rate of Fifteen percent per annum on the said sum of from February 02, 2022 until judgment is delivered. Interest at the rate of ten percent per annum on the judgement sum from the date of the entry of final judgement in the suit until the said judgement is fully and finally liquidated.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Please I need a job. I don't mind anywhere. I will move

I could have killed a lot . What’s this

😀🤣😂🤚✋

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Automobile Company Fails To Deliver Cars Bought By Nigerian Dealer Two Years After | Sahara ReportersSaharaReporters learnt that the Nigerian, owner of Omowalyn Nigeria Limited, bought the cars from the US firm located at 6905 PITTS Road, Jacksonville, FL 32219 United States. Beware of Reno Omokri Congratulations to the Igbo Men involved here 😂🤣😀 A business gone wrong. Is this the first time they did business together? If so he learned in a hard way. Better have someone you know to be on ground to do logistics, it involves a o coordination rather than phone calls and messages. Sorry bro.
Source: SaharaReporters - 🏆 9. / 63 Read more »