The Managing Director of Abadat Ventures, Henry Okosun has reacted to rumour of assets seizure of some properties belonging to Senator Fatai Buhari by Asset Management Corporation of Nigeria, AMCON.
Abadat, is a company owned by the Senator Fatai Buhair representing Oyo North Senatorial District.
In a statement made available to OYOMIND, Okosun mentioned that neither Buhari or his company sought loan from anywhere, hence AMCON was wrong.
According to him, it was an attempt to blackmail his boss as what really happened was a tripartite agreement between Abadat, Guaranty Trust Bank and Peugeot entered into in 2007.
“I am privy to this case from the beginning. Abadat, Peugeot and GTB entered into a tripartite agreement whereby Abadat as a dealer with Peugeot would collect a vehicle on credit and GTB would guarantee the credit for one month at 18 per cent. Abadat did not take a loan from GTB as widely reported.
“And when we discovered that GTB was clandestinely charging us 30 per cent, we requested for our statements which they refused to give to us in 2009. When we eventually got the statements through AMCON ‘s intervention, we discovered a lot of foul play through the forensic audit that was carried out. GTB is the one owing Abadat according to the audit report. And we went to court and the case is still in court with AMCON and GTB still sending their lawyers anytime there is a court sitting. What AMCON did was a blackmail against the senator,” he explained.
Also speaking, lawyer to the Ogbomoso-born politician, Ahmed Raji, SAN, said his client’s assets have not been taken over by AMCON.
“It is not correct that AMCON has taken over Senator Buhari’s assets in Abuja. There is a subsisting suit on the matter since 2013 and no judgement has been rendered. Self help is not allowed just as suppression of facts is deprecated in our judicial system. The court will very shortly reaffirm its sacred authority over all persons and authorities. We are all under the law,” he explained.
