The Asset Management Corporation of Nigeria (AMCON) has seized the assets belonging to the Senator representing Ogbomosho North Senatorial District, Abdulfatai Buhari, over a N600million debt.
The AMCON spokesman, Jude Nwauzor, who disclosed this in a statement on Wednesday, said Senator Buhari took the loan through his company, Abadat Ventures Limited, from Guaranty Trust Bank and refused to repay the debt despite repeated reminders.
He added that the decision to seize the lawmaker’s assets followed an order of Justice I. E Ekwo of the Federal High Court, Abuja.
Some of the seized assets include a property at 12, St, Petersburg Street, Wuse II, Abuja and Plot 516 off Misau Crescent, Garki II, Abuja.
