AMCON Seeks Its N784m from Ogboru, Targets His Company, Bank Accounts |The Source

By Charles Igbo

Businessman/Politician, Chief Great Ogboru is in trouble. He is at daggers drawn with the Assets Management Corporation of Nigeria, AMCON.

AMCON has gone to a court asking it to endorse its take-over of Ogboru’s company, Fiogret Ltd, and take over the cash in company as well as those in  Ogboru’s accounts, scattered in 22 banks.

Before the Hon. Justice Maureen Onyetenu, is an ex-parte application filed by AMCON to enforce a favourable  judgement it says it received on July 5, 2013, given by the Hon. Justice Abang.

AMCON says since the judgement, Ogboru and Fiogret have done nothing to liquidate the debt. It now wants an enforcement order by Justice Onyetenu to enable it recover the said amount from Fiogret and Ogboru.

AMCON’s Counsel, Kunle Ogunba, SAN, asked Justice Onyetenu to grant their request as that is the only way AMCON could recover its debt.

But Ogboru and his company are crying foul. They are questioning the jurisdiction of the Court over  the case. They say that they had appealed Justice Abang’s judgement at the Supreme Court. And most important, they say the Federal Government is owing them a whopping sum of N4 billion.

Justice Onyetenu will, on February 2, 2021, rule on the jurisdiction matter.

Ogboru was a former Delta Governorship candidate on the ticket of the APC.