Contrary to media report, there is no Supreme Court ruling mandating the Assets Management Corporation of Nigeria (AMCON) to seize assets of the chairman of AA Group, Alhaji Abubakar Aliyu.
THISDAY had recently reported that AMCON seized choice properties belonging to Aliyu after a Supreme Court ruling against the businessman.
Following the report, lawyers to AA Properties and Alhaji Abubakar Aliyu, Messrs Falana and Falana’s Chambers wrote THISDAY insisting that there was no Supreme Court ruling on Aliyu’s assets.
Court papers obtained by THISDAY showed that AMCON’s action was based on the order of a Federal High Court Abuja, contrary to an earlier report that it was a Supreme Court ruling.
The court papers showed that the order was given by Honourable Justice E S Chukwu of the Federal High Court Abuja.