N727.9m debt: Court orders immediate seizure of Babatunde Folawiyo’s valuable assets

A federal high court sitting in Lagos has granted an order for the Asset Management Corporation of Nigeria (AMCON) to take over the assets of a Lagos businessman Tijani Babatunde Folawiyo. The asset seizure was ordered based on Falawiyo’s unpaid debt of N727.9 million. The order of the court was sequel to an application filed … Continue reading N727.9m debt: Court orders immediate seizure of Babatunde Folawiyo’s valuable assets