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AMCON Obtains Court Order, Seizes Ben Bruce’s Silverbird Properties


The Assets Management Company of Nigeria (AMCON) has taken possession of the Silverbird Galleria owned by Senator Ben Murray Bruce due to non-payment of debts owed by the Senator’s companies.

AMCON earlier secured an order from a Federal High Court in Lagos, to take over companies owned by businessman after he defaulted in the repayment of N11billion loan to banks.
They took over Silverbird Cinemas and other companies, Thursday morning over the alleged loan default.
The companies affected by the takeover are Silverbird Galleria Limited, Silverbird Promotions Limited, and Silverbird Showtime Limited.
AMCON had, by notice of appointment dated April 18 appointed Muiz Banire as Receiver/Manager over the sprawling assets of the three companies located at 133 Ahmadu Bello Way, Victoria Island, Lagos, Plot No 1161 (Silverbird Galleria); Central Area Cadastral Zone AOO, Abuja; and Abonnema Wharf Road and Abali Park in Port Harcourt City of Rivers State.
Source: PBW
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