Friday 24 June 2016

N10b debt: AMCON takes over Silverbird

The Federal High Court last Friday granted an injunction for the Assets Management Company of Nigeria, AMCON to take over the premises of Silverbird firms in Abuja, Lagos and Portharcourt.

Justice C.M.A. Olatoregun had on June 17, 2016, granted an interim injunction against Silverbird Productions Limited, Silverbird Showtime Limited, Silverbird Galleria Limited and Ben Murray-Bruce, Guy Murray-Bruce, Roy Murray-Bruce and Jonathan Murray-Bruce based on an application filed by AMCON which is seeking to recover a debt of over ten billion naira owed it by the respondents.

AMCON said in a statement that it has appointed a receiver for the Silverbird firms while noting that it has been in negotiations with Senator Ben Murray-Bruce over the debt.

“Contrary to news making the rounds since the takeover, AMCON did not shut down the concerned companies. We appointed a receiver that took over the companies in the early hours of Thursday, June 23, 2016 as ordered by the Federal High Court and the receiver will be responsible for the companies on behalf of AMCON going forward.

“The court order affects the mortgaged asset located at Central Area, Cadastral Zone, AOO Plot No. 1161, Abuja; the mortgaged asset on Abonnema Wharf Road and Abali Park in Port Harcourt, Rivers State; as well as the mortgaged asset at 133 Ahmadu Bello Way, Lagos where the Silverbird Galleria is located.

“The court also ordered the Inspector General of Police, Assistant Inspectors General of Police, and the Commissioner of Police in charge of Lagos State and all other police officers under them to assist M. A. Banire SAN, the receiver; and the bailiffs of the Federal High Court in the enforcement of the orders of the court.”

At the Silverbird Galleria in Abuja, AMCON placed an enforcement notice at strategic locations: “Possession taken by court order — 23/06/16.”

Reacting to the development, Senator Ben Murray-Bruce said in a series of tweets that the situation is being taken care of.

3-Life continues. I will continue to positively ideate and brainstorm for the good of Nigeria, the public and my staff family of over 1000.

Ben Murray-Bruce

benmurraybruce

2-I thank well wishers for their support. This is life. Things will happen. With my firm faith in God and Nigeria, this will be resolved.

Ben Murray-Bruce
@
benmurraybruce

1-Irrespective of current challenges, Nigeria is the greatest country in the world & has given my family and I all. I have faith in Nigeria.

Ben Murray-Bruce

benmurraybruce
Jun 23
2-In 36 years, Silverbird has grown and like anybody, it will face challenges. Tough times don't last. But we, as tough people, outlast them

Ben Murray-Bruce

benmurraybruce
Jun 23
1-I have been on an international flight and have only just landed. The situation is being resolved and things will be back to normal

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