‘Why courts need to treat AMCON cases with speed’


Due to the limited lifespan of Asset Management Company of Nigeria (AMCON), it had become imperative to apprise both the existing and incoming Justices of Court of Appeal on the expediency of its cases before them, the Director General, Legal Academy, Dr. Abba Fatihu has said.

Speaking at the interaction between the Asset Management Company of Nigeria (AMCON) and Justices of the Court of Appeal recently with the theme: “AMCON Regime: Paradigm Shift in Debt Recovery,” Dr. Fatihu said in recent times some litigants had resorted to delay tactics in courts as ways to by time.

He said like other stakeholders of AMCON such as the parliament, external lawyers, and security agencies, AMCON had realised that due to its “strange powers” it needed to engage the Justices on the implications of the delay in judgements ahead of time.

In her welcome address, President of Court of Appeal, Hon. Justice Zainab Bulkachuwa, described the interaction as timely, believing that it would enhance the Justices comprehension of the AMCON Act.

In his goodwill message, former Chief Judge of the Federal High Court and Grand Patron, Legal Academy, Hon. Justice Ibrahim Auta, described AMCON Act as extremely complex whose goals can only be accomplished if the entire hierarchy of Bench appreciated fundamental underpinnings of its regime.

The Managing Director and CEO of AMCON, Ahmed Kuru, said his agency had always seen Judiciary as AMCON most crucial stakeholder, saying it was the judiciary that holds the power to breathe life into AMCON powers.


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