By Etop Ekanem

Chairman of Suru Group, Mr Edward Akinlade, has raised the alarm over alleged plot by Asset Management Corporation of Nigeria, AMCON, to sell his property, Best Western Plus Hotel, located on Allen Avenue Ikeja, Lagos without due process.

AMCON on September 22, 2017 reportedly stormed the property in the morning, with armed policemen to forcefully eject staff and customers from the hotel building.

Speaking to newsmen in Lagos, Mr. Akinlade stated that the Federal High Court had stopped AMCON from taking over the property, adding that the act is an abuse of judicial process.

In the judgment pronounced on Thursday, March 22, 2018, the presiding judge, Justice M. S. Hassan stated that the court has the inherent powers to stop AMCON from the abuse of its process.

According to Akinlade, “however, it has come to my notice that despite the ruling by the honourable court, AMCON has refused to vacate the property—Best Western Plus, on 12, Allen Avenue, Ikeja Lagos— as armed men are still seen around the property. We also know that AMCON has filed for an appeal of the judgement.

“We are law abiding people who respect the process of the law and therefore, will wait for the law to take its due course.

“We have placed a caveat emptor in some daily newspapers to notify the general public that the property located at 12, Allen Avenue (Best Western Plus Hotel) is at buyer’s risk.

Akinlade appealed to the Federal Government to intervene and commended the judiciary for its unbiased conduct.