N728m Debt: AMCON Seizes Billionaire, Babatunde Folawiyo’s Assets
A Federal High Court sitting in the Lagos State has granted an order for the Asset Management Corporation of Nigeria (AMCON) to take over the valuable assets of billionaire Tijani Babatunde Folawiyo, over an unpaid N727.9 million debt. The court order was sequel to an application filed before the court by the law firm of…