June 23, 2016

AMCON seizes Silverbird Cinema from Ben Murray-Bruce over N11bn debt

AMCON seizes Silverbird Cinema from Ben Murray-Bruce over N11bn debt

The  Asset Management Corporation of Nigeria (AMCON) has reportedly gotten an approval by a Lagos Federal High Court to take over Silverbird Cinemas and other businesses belonging to Senator Ben Murray-Bruce and his family over the non-repayment of an 11 billion naira loan. The court order takes effect today June 23 2016.

AMCON seizes Silverbird Cinema from Ben Murray-Bruce over N11bn debt

Details later.

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