Metro Court Freezes Kanu Nwankwo 's Accounts Over Unpaid N924m Debt


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In a bid to recover a debt of N924,788,754.56, a Federal high court sitting in Lagos, western Nigeria, has ordered that all accounts belonging to former captain of the Super Eagles, Nwankwo Kanu and his company, The Hardley Apartments anywhere and in any bank or financial institution in Nigeria should be frozen pending the hearing of a suit filed against him and his company, PM News reports.

Also affected by the order of the court is a Director of Hardley Apartment, Ayoola Gam-Ikon.
The order of the court was as a result of a debt recovery suit filed by Asset Management Corporation Of Nigeria(AMCON) against the defendants.

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In an affidavit sworn to by a Credit officer in the Directorate of AMCON, Mr Victor Igabor, and filed and argued by Barrister Niyi Olopade, the deponent averred that sometime between May, 2008 and 10 January, 2011 Skye Bank offered The Hardley Apartments engaged in business of hospitality located at Plot 46, Waziri Ibrahim Crescent, Victoria Island, Lagos, a loan of N520,457,000.

The loan was secured by a mortgage on the company’s three blocks of forty accommodation units with estimated open market value of N395 million as well as unconditional personal, joint and several guarantee of Ayoola Gam-Ikon and Nwankwo Kanu.

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