• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business Acquisitions

‘Documents attached’ Demayo Holdings, directors in court over alleged N300m debt (Photos)

Freelanews by Freelanews
July 13, 2022
in Acquisitions
0
images 2022 03 12t092940.435

images 2022 03 12t092940.435

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0

The Asset Management Corporation of Nigeria (AMCON) has dragged Demayo Holdings Nigeria Limited before a Federal High Court in Lagos over alleged N300 million debt.

Joined as co-defendants in the suit are directors of the company identified as Moshood Ademola Omidiran, Wulayat Omidiran and Abdulmalik Omidiran.

AMCON in an Ex parte Motion marked FHC/L/AMC/22/2022 asked the court to recover the sum of N319,658,903.56 from the defendants.

“WHEREOF the claimant claims against the Defendants as follow; The sum of N319,658,903.56 (Three Hundred and Nineteen Million, Six Hundred and Fifty-Eight Thousand, Nine hundred and Three Naira, Fifty-Six Kobo.) being the outstanding indebtedness of the Defendants as At February 2, 2022,” the court documents read.

“Interest at the rate of Fifteen percent (15%) per annum on the said sum of from February 02, 2022 until judgment is delivered. Interest at the rate of ten percent (10%) per annum on the judgement sum from the date of the entry of final judgement in the suit until the said judgement is fully and finally liquidated.”

screenshot 2022 07 13 at 10 59 43 demayo 1 750x970 1.webp (webp image 750 × 970 pixels) — scaled (73%)

screenshot 2022 07 13 at 10 59 54 demayo 2 750x970 1.webp (webp image 750 × 970 pixels) — scaled (73%)

screenshot 2022 07 13 at 10 59 58 demayo 3 750x970 1.webp (webp image 750 × 970 pixels) — scaled (73%)

screenshot 2022 07 13 at 11 00 04 demayo 4 750x970 1.webp (webp image 750 × 970 pixels) — scaled (73%)

screenshot 2022 07 13 at 11 00 09 demayo 5 750x970 1.webp (webp image 750 × 970 pixels) — scaled (73%)

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.


Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

Fidelity Lekki
Acquisitions

‘Consider merger’ Analyst advises Fidelity Bank on shortcut to attain Tier 1 status

by Freelanews
June 22, 2022
quotes
Acquisitions

‘Expansion beyond borders’ E-Settlement acquires Côte d’Ivoire’s QuickCash, broadens financial inclusion in Africa

by Freelanews
November 1, 2021
thumbnail 1 scaled
Acquisitions

‘Black Dice Café’ Akintunde Salako redefines luxury lifestyle as FUBU opens new hotel Dec 23 (Flyer)

by Freelanews
December 20, 2021
Southern-Sun-Ikoyi-Hotels
Acquisitions

‘Up to 76%!’ Southern Sun Ikoyi Hotels goes for $30.4 million

by Freelanews
June 7, 2022
Screenshot 2022 05 03 at 20 55 56 EXCLUSIVE Germanys SAP hires adviser for 1 bln Litmos software sale sources
Acquisitions

‘Used by 30 million people’ Germany’s SAP hires adviser for $1 bln Litmos software sale

by Freelanews
May 3, 2022

Discussion about this post

ADVERTISEMENT

Recent News

Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
CBN monetary stability

CBN assures Nigerians of monetary stability progress

October 8, 2025
Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

0
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

0
Meran Primary Health Centre

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

0
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

0
Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
CBN monetary stability

CBN assures Nigerians of monetary stability progress

October 8, 2025
Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Editor’s Pick

  • OGD vs DA
    OGD vs DA: The real story never told
    • August 22, 2025
  • Toyota Sienna harassment
    Why is Lagos State govt harassing Toyota Sienna users?
    • August 19, 2025
  • Otunba Gbenga Daniel
    Who really is Otunba Gbenga Daniel?
    • August 18, 2025

Hot!

Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Total
0
Share
0
0
0
0
0
0
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading

 

Loading Comments...