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Ecobank aided AMCON to steal my N5b worth Hotel, Suru Group boss laments

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Chairman of Suru Group traces the origin of his problem with AMCON to when Ecobank without notice, sold their performing loan to AMCON.

A leading real estate developer in Lagos State and Chairman, Suru Group of Companies, Edward Akinlade, has sent a Save our Soul (So) call to the Federal and Lagos State governments to intervene in a dispute between his company and the Asset Management Company of Nigeria, AMCON.

The duo has for several years locked horns over ownership of Best Western Hotel, located on Allen Avenue, Ikeja, Lagos.

Addressing a press conference in Lagos, Akinlade accused AMCON of impunity and for distorting the structure of the hotel, which it forcefully seized and still in its possession, against the law.

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Akinlade traced the protracted crisis to 2010 when his company was banking with Ecobank.

He said: “Our N13 billion fund was canceled after we had drawn N10 billion. About this time, we had already bought our properties in GRA, Opebi and Best Western Hotel.

“We were servicing our loan until our performing loan was sold to AMCON. AMCON was not supposed to buy servicing loans.

“So, we sued Ecobank for selling our loan, and this case is still at the Federal High Court

“AMCON counterclaimed our case and said we had owed N26 million. It was later discovered that Ecobank had sold our loan to AMCON for N8.3 billion without notifying us.

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“We want it to be on record that we have never taken AMCON to court. This is because we believe we have no business with AMCON but the bank which sold our active loan to the agency.

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“As we speak, all the cases we had and won, were filed by AMCON and the three different suits were all won by Suru Group.”

According to the businessman: “We are particularly dissatisfied with the blatant disregard for the rule of law being displayed by a highly revered agency, such as AMCON, and Ahmed Kuru being a mechanism in the temple of justice that ought to respect and uphold the tenets of law rather than disrespect the court.”

He said Suru Group had won all the cases instituted against it by AMCON, which has also appealed its losses at the Court of Appeal to the Supreme Court but wondered why it is in a hurry and not waiting for the apex court to rule on the matter it brought before it.

“While the case is at the Supreme Court, you can see what they are doing; illegality upon illegality. They cannot sell the property; they cannot renovate it because it is against the law.”

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Akinlade, who is not averse to amicable resolution of the matter, lamented that apart from flouting court rulings, the government agency has also ignored interventions, even by the Attorney general of the country and the House of Representatives and gone ahead to reconstruct the hotel edifice.

“In the last one year, the Attorney General was involved, Public Hearing of the House of Representatives has been involved, AMCON ignored all of them. They didn’t come. And when a resolution was reached through the Attorney General’s Office, AMCON said no,” the Suru Group boss said.

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“This hotel is supposed to be sealed. No work is expected to be taking place there but AMCON is in its possession. So, I came here to state our position. Our position is very clear. AMCON said we owed them money and we claimed we didn’t owe them anything.

“They sued us in the Federal High Court before Justice Hassan. We won the case. They appealed to the court of appeal; we also won at the appeal court. They have further appealed at the Supreme Court. The case is coming up in September.

“No work is expected to be taking place there. But AMCON seems to have demolished a substantial part of the hotel, the windows, the floors, and everything. Also, the Lagos State said the building is in danger of falling.”

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Akinlade accused AMCON of killing businesses and impoverishing the people.

“They have distorted the hotel; a hotel that was worth over N6 billion. What this hotel is worth now is about N500 million. So, you can see how AMCON kills businesses. Over 500 people were working in this hotel up till December 2017 when AMCON invaded it with guns without a court order.

Akinlade stated that he is confused as regards what is ongoing in his hotel and pleaded with both the Federal and Lagos State governments to intervene in the matter and lamented how AMCON has proved to be above the law and continued to act with impunity.

“Are they the ones working at the hotel? The question now is who owns the hotel? Have they sold the hotel? Who is working there? For what purpose? If we have gotten the Court of Appeal’s ruling in our favour, why are they here? AMCON needs to provide answers to all these.

ALSO READ  EFCC declares Delta brothers wanted over alleged N330m fraud

“I am appealing again to the Attorney General of Nigeria, I am appealing to President Muhammadu Buhari to call Ahmed Kuru to order because if this hotel falls and people die, I would not be held responsible.”

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Crime

EFCC declares Delta brothers wanted over alleged N330m fraud

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The Economic and Financial Crimes Commission has declared two siblings from Delta State wanted for alleged fraud of N330 million.

This was contained in a statement issued by the EFCC spokesperson, Wilson Uwujaren, copies of which were made available to journalists in Warri, Delta State on Friday.

The anti-graft agency named 55-year-old Faith Onoja and 44-year-old Emmanuel Onoja, both from Ughelli South Local Government Area of Delta State, as being declared wanted by the EFCC.

According to the commission, Faith’s last known address is “Close to Celestial Church, Ekrovie new layout, old Egini road, Orhuehorun, Delta State” while Emmanuel’s last known address is “No 6. Jasmison Street, NPDC/ND Western Estate, Warri, Delta State”.

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The statement urged that “anybody with useful information as to their whereabouts should contact the commission” in its offices nationwide.

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Judiciary Responsible For Crime Increase In Lagos Says Police, Parade Killers Of Senator’s Aide

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LAGOS-POLICE in Lagos yesterday took a swipe at the judiciary saying it was responsible for the increase in crime and criminality on the state. The Commissioner of Police Lagos State Police Command CP Idowu Owohunwa who dropped the hint while parading Killers of the personal Assistant to Senator Solomon Olamilakan Adeola alias Iyayi said, the three suspects responsible for the dastardly act were jail birds who found their way back to the society and became much more vicious. He said, the suspects were clad in military camouflage and flagged down the deceased’s vehicle pretending to be law enforcement officers, demanded for the vehicle papers only to turn around and pushed him into his vehicle and shot him point blank.

According to the CP, “This deals with a case of robbery and murder of Senator Solomon Olamilekan Adeola alias Iyayi. You will recall that on August 5, 2023, we woke up to the sad news of an unfortunate robbery incident along Ojodu Berger, which claimed the life of Sanni Adeniyi. This media engagement is to confirm to you that through painstaking intelligence and investigative activities, we have succeeded in arresting the syndicate involved in the robbery and murder. In the cause of the operation, three suspects directly involved in the robbery and murder were arrested, three fire arms including the killer weapons were recovered.”Also recovered were six live cartridges, six expended ammunition, six live ammunition and military gears.

In summary, the arrested suspects include Fred Azeez, 43 year old Lagosian, Odudu Michael 33 years old from Delta State and Adedigba Segun 26 years old from Ibadan. Items recovered from them were one brand new browny pistol with three rounds of ammunition, one Berretta pistols with three rounds of live ammunition, one locally made cut to size pistol with six live cartridges, six expended cartridges, military gear comprising of military vest, military jungle hat, military pistol hosted and military jungle boot which they used in the perfection of the crime that night.”Also recovered in the cause of investigation is one red Honda CVR with Registration number EKY 276JD which also one of the vehicles they robbed that night in their criminal escapades.

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Investigation so reveals that this gang which is being armed and financed by one Nigeria born Alhaji (names withheld) based in Benin Republic specialuzes in robbing motorists of their unregistered vehicles; they target basically brand new cars or tokunbo cars. They have confessed that they have successfully carried our five operations and their modus is stationing on gang not to far from Berger bus stop to spot unregistered oncoming vehicle on that road.

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The spotter will then call their gang members who are usually dressed in military fatigue stationed ahead of the Berger bus stop to inform them of the approaching targeted vehicle. “The gang members will naturally flag down the vehicle and believing that the gang members were law enforcement officers, the motorist will naturally drive to a halt. What they will do would be ask for the vehicle papers to give an illusion that they have military background and that they were there for official duties. However, the main reason for demanding and collecting the vehicles papers is clear themselves from the police and Customs after snatching the vehicle. In this particular case involving late Sanni, one them took him aside and demanded for the vehicle papers which prompted him to pit a call to his wife, that he had been stopped by some Soldiers who demanded for his papers which he presented asking them what again they wanted.
*Military gears recovered from the Killers…

At that point, they pushed him inside vehicle and fired him twice; at the point it dawn on him that the soldiers were armed robbers. They picked him up while he tried to escape, put him the boot of his car and drove off. Along the line of course, the victim was groaning and shouting for help and they saw that as a disturbance. Segun who was right him because at this time Fred had taken over the steering, stabbed Sanni in the chest for making so much noise and the victim died there and then, but other members became angry why he had to kill him. Nevertheless, they drove off and dumped his body by the road side.

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The drove to an area in Abeokuta where they washed the blood in the vehicle and proceded through Isheyi to Shikanda in Kwara State where they put a call to the Alhaji who then sent somebody to pick the vehicle and drove it to Benin Republic.”Continuing, the Police boss added “Based on our interactions with the suspects, this Alhaji has several similar cells across the country which aim is to target unregistered vehicles rob them and move them to the Alhaji in Benin Republic. There are still some lose e investigative ends we need to knot; that is in relation to identifying the wider network of this syndicate.

However, at this point, the three suspects arrested are all jail birds who have served jail terms at various times over the last 10 years in and out. Fred was between 2010 and 2015 were arrested and sent to prison for drug related offences, spent some time in jail and was released afterward and became more hardened. In 2021, he was also arrested and sent to Correctional custody in maximum center and Agodi prison in Ibadan. Lucky who presented himself as military man had one time or the other been sent to prison at the Kirikiri medium custody; unfortunately while his trial was on, an NGO came to his rescue and brought him out. He too was recycled into the society and became.more vicious. Segun, he was arrested for stealing and jailed in Agodi prison and released afterward. In 2018 again, he was arrested for burglary and jailed, again he found himself out of prison. In 2021and 2022, he was again arrested and jailed for armed robbery and only God knows how he came out now.

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The signifant thing here is that, these three suspects got united in the prisons and they resolved to form this gang. There is yet some members of this gang in the prison coordinating the activities of this syndicate with said Alhaji who will unturned fund and armed and unleash them to the society. “This exactly what happened in this instance. Unfortunately, our custodial centers still remain breeding ground for more hardened Criminals instead of being Correctional. We are still exploring depth of this, the good thing is the Inspector-General of Police IGP Kayode Egbetokun and Executive Governor of Lagos State are aware of this.
*One of the vehicles recovered from them…

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Also worrisome is that are judicial system are unwittingly contributing to some of these challenges. As I specifically mentioned these suspects had on multiple occasions processed through the judiciary system and they always come out. So my appeal here is that, much as we are interested in advancing the cause of justice, it is expedient that we appeal that the process should find a balance between criminal justice delivery and overriding internal security architecture in Lagos State the country at large. That wl help us as law enforcement agencies in tackling this menace of recycled criminals in our midst in Lagos State in particular.”

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Crime

Police confirms beheading of LP chieftain in Abia

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Abia State Police command has confirmed the beheading of a chieftain of the Labour Party (LP), Zachary Maduka, popularly known as Power Zac.

Maduka, 70, who was director general for Amobi Ogah, member representing Isuikwuato/Umunneochi federal constituency was reportedly murdered at a drinking joint in Amelechi Akpukpa community.

Confirming the gruesome murder, Abia State Police Command, in a statement by Maureen Chinaka said at about 8:30pm on Wednesday, the DPO, Uturu Police division, gave a discreet information concerning the murder of Maduka, a native of Ezieke Akpukpa, Uturu.

The statement said Maduka was violently attacked, shot and beheaded by unidentified assailants while at the drinking joint.

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The PPRO added that on receiving the information, a joint team comprising police and army personnel was dispatched to the scene.

Before the security team could arrive, the assailants had fled, however, they recovered the body which was later deposited at a morgue in the area.

Reacting, LP in the area condemned the gruesome murder of their member and called on police to unravel those behind the dastardly act.

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