The Asset Management Corporation of Nigeria has taken over assets belonging to the Chief Promoter of Doggi Group Limited, Alhaji Umaru Abdullahi, over an indebtedness of more than N440m, following the
order of Honourable Justice A.I. Chikere of the Federal High Court, Abuja division.It stated, “In compliance with the enforcement order, AMCON on Thursday, June 18, 2020, took effective possession of the two properties through its receiver – Mrs Juliet Benson of Benson Reeds Legal Practitioners, which include properties situate at Plot 3810, Cadastral Zone A04, Asokoro District, Federal Capital Territory, Abuja and Plot 1274, Cadastral Zone B07, Katampe Hills, Katampe District, Abuja.
“Since then, AMCON has offered the obligor a good measure of olive branches and explored all avenues to resolve the matter amicably, but the obligor, and his company, Doggi Group Limited, have remained recalcitrant and unwilling to repay the huge debt to the corporation.
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