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N11b Debt: AMCON Takes Over Silverbird Galleria Lagos, Abuja

by BrandCrunchNG
March 25, 2017
in BrandNews
N11b Debt: AMCON Takes Over Silverbird Galleria Lagos, Abuja
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The Asset Management Corporation of Nigeria (AMCON) today sealed the Lagos and Abuja premises of Silverbird Galleria belonging to Bayelsa state Senator Ben Murray Bruce of the Peoples Democcratic Party (PDP).
 
The galleria Lagos and Abuja which houses the Abuja studios of the Radio and Television stations of Silver bird group and other business interests came under locks and keys owing to an alleged N11 billion debt. 
 
According to sources, inscriptions on strategic locations on the fence of the building display copies of an enforcement notice by AMCON which says, “Possession taken by court order 26/06/16.”
 
Senator Ben Murray-Bruce, Chairman of the group has said the situation, which led AMCON to take possession of Silverbird Galleria today, is being resolved.
 
AMCON took possession of the Silverbird Galleria in Abuja and Lagos, which houses the Senator’s companies on Thursday morning, denying workers entry into the premises.
 
The Senator, however, said that with over three decades of operation, Silverbird was bound to encounter challenges, but would overcome them.
 
“I have been on an international flight and have only just landed. The situation is being resolved and things will be back to normal,” the Senator of the Federal Republic was said to have tweeted on his social media
 
With additional report from Punch  
 
  
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