BY ESE DIBEBI
A Federal High Court in Lagos on June 17, 2016 issued an order authorising the Assets Management Corporation of Nigeria (AMCON) to take over the assets of Nigerian senator, Ben Murray-Bruce and his brothers, Guy Murray, Michael Murray, Guy Murray and the senator’s first son, Jonathan Murray-Bruce due to their failure to repay an N11 billion loan owed Union Bank and acquired by AMCON.
Murray Bruce and his brothers, using their companies, had between 2005 and 2007 borrowed various sums of money from Union Bank.
The properties include those at 133, Ahmadu Bello Way, Victoria Island, Lagos, Plot No 1161 (Silverbird Galleria), the plaza at Central Area Cadastral Zone AOO, Abuja, as well as structures located at Abonnema Wharf Road and Abali Park in Port Harcourt, Rivers State.
The June 17 interim orders granted by Justice Cecilia Olatoregun-Ishola of the Federal High Court, Lagos, in Suit No. FHC/L/CS/790/16 – Asset Management Corporation of Nigeria & 3 Ors. v. Ben Murray Bruce & 4 Ors permits the Receiver/Manager to take possession of the said properties.