Billionaire businessman, Jimoh Ibrahim loses bid to recover seized assets
Billionaire businessman, Jimoh Ibrahim’s application for a Lagos Division of the Federal High Court to vacate an interim order used by the Asset Management Corporation of Nigeria (AMCON) to seize his properties has been denied. Recall that on November 18, AMCON announced that it had taken over 12 properties belonging to the businessman and his firms. Following the seizure,…