Many Rendered Homeless As AMCON Seizes N8.4bn Properties In Lagos

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Many Rendered Homeless As AMCON Seizes N8.4bn Properties In Lagos
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Many Rendered Homeless As AMCON Seizes N8.4bn Properties In Lagos

The Asset Management Corporation of Nigeria has seized several multi-billion Naira properties across Lagos, rendering its occupants homeless.

According to AMCON’s receiver manager’s counsel, Gbenga Dosunmu, the debtors had refused to liquidate their debts despite all efforts and consultations to get them to do so. The seizure lasted hours and took place simultaneously in Lekki, Apapa, Ikeja, Somolu and Kosofe areas of Lagos. A three-storey shopping complex on Mobil Road, Lekki, housing three different churches were also sealed.

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