By Bassey Ekaette

The Chairman of Suru Group of Companies, Edward Akinlade has challenged the Asset Management Company of Nigeria, AMCON, over the way it has handled his seized property, Best Western Hostel located at the highbrow Allen Avenue in Ikeja, Lagos State.

While addressing pressmen in Ikeja on Wednesday 11th May 2022 the business tycoon challenged the Asset Management Company of Nigeria, AMCON, which is currently in possession of the building for contravening the laws of the land.

 “This hotel is supposed to be sealed. No work is expected to be taking place here 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 won at the court of appeal. They have further appealed at the Supreme Court. The case is coming up in September. No work is expected to be taking place here. But AMCON seems to have demolished substantially part of the hotel, the windows, the floors, and everything. Also, the fear is Lagos state said the building is in danger of falling.

Akinlade thereby sought the intervention of both the Federal and Lagos state government on the matter.

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

“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.

“I am appealing again to the Attorney General of Nigeria, I am appealing to President Muhammadu Buhari to call AMCON to order because if this hotel falls and people die, I would not be held responsible. This is a preamble for us.

When the pressmen visited the hotel building to have a first-hand sight of the present state of the property, they were denied entrance by the security personnel guiding the building as they claimed they need an order from their principal before they grant access.

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