The Assets Management Company of Nigeria (AMCON) has taken possession of the assets of three companies belonging to Senator Ben Murray Bruce.
The companies affected by the takeover are Silverbird Galleria Limited, Silverbird Promotions Limited, and Silverbird Showtime Limited.
AMCON had, by notice of appointment dated April 18 appointed Muiz Banire as Receiver/Manager over the sprawling assets of the three companies located at 133 Ahmadu Bello Way, Victoria Island, Lagos, Plot No 1161 (Silverbird Galleria); Central Area Cadastral Zone AOO, Abuja; and Abonnema Wharf Road and Abali Park in Port Harcourt City of Rivers State.
The Assets Management Company of Nigeria (AMCON) has taken possession of Silverbird Galleria. AMCON secured an order from a Federal High Court in Lagos granted by Justice Cecilia Olatoregun-Ishola of the Federal High Court, Lagos, on June 17 which allowed the Receiver/Manager to take possession of the companies owned by Ben Murray-Bruce and his business partners after they defaulted in the repayment of N11bn loan to Banks.
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