AMCON Has No Legal Right Confiscating Our Property, Says Suru Group Boss


There have been concerted efforts by the Asset Management Corporation of Nigeria (AMCON) to illegally take over Best Western Plus Hotel, located on Allen Avenue Ikeja, Lagos, the Chairman of Suru Group, Mr. Edward Akinlade, owner of the property, has alleged.Speaking recently, during a press briefing in Lagos, Akinlade said AMCON has no legal right in confiscating his property, noting that even after several court judgements to his favour, AMCON is still bent on frustrating him with allegedly illegal court judgement, which AMCON is seeking at the moment with the aim of taking over and selling his property.

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