Tunde Folawiyo seeks injunction against AMCON’s ex-parte orders

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A businessman, Mr Tunde Folawiyo, has filed an ex-parte motion before a Federal High Court in Lagos seeking an order of stay of execution of ex-parte orders made against him in satisfaction of a judgment-debt.

Justice Lewis Allagoa had made orders against Folawiyo in a suit filed by the Asset Management Corporation of Nigeria (AMCON) over Folawiyo’s alleged unpaid debt of N727.9 million in relation to a company directorship at Compagnie Generale de Logistique.

Folawiyo, in a suit numbered FHC/L/CS/799/2020, is seeking an order of stay of execution of the ex-parte orders made against him on March 24, 2022 pending the hearing and determination of his Motion on Notice seeking to…



Source: Nigerian Tribune