*AMCON Managing Director/CEO, Ahmed Kuru
The news report published on page 38 of New Telegraph newspaper of January 29, 2020, concerning the promoters of The Hardley Apartments and Asset Management Corporation of Nigeria (AMCON) came across as a malicious misrepresentation of not just facts, but proceeding of the Federal High Court.
The report was unfortunate because aside the fact that it fed the public with false news, it was sub-judicial and a brazen desperation by the writer to spread wrong information through a highly respected media establishment.
Contrary to the report, there was no order made by the Federal High Court on January 28, 2020 or on any date at all for the lock-up of the Hardley Apartments as claimed in the said publication. The public as well as the media are hereby advised to disregard the misleading report regarding the matter, which is pending before the court. The allegation that The Hardley Apartments has been taken over by unknown persons for personal use among other claims were all orchestrated falsehood to say the least.
The true position is that the Federal High Court granted AMCON possession of The Hardley Apartments located at No. 46 Waziri Ibrahim Crescent, Off Elsie Femi – Pearse Crescent, Off Adeola Odeku Street, Victoria Island in Lagos State, being the asset pledged as collateral for a loan. The procedure was done with the Court bailiff and inventory of property was taken at the time. This order still subsists, pending the determination of the substantive matter.
The reporter therefore defiled the ethics of journalism by passing comments and making assumptions on a high-profile debt recovery case that is pending before a competent court while Nigerians await the pronouncement of the court on the matter, which stands adjourned till March 12.