AMCON Orders Closure of Silverbird Group

Posted by African Examiner Business News, Featured, Latest Headlines Thursday, June 23rd, 2016

ABUJA, NIGERIA (AFRICAN EXAMINER) – The Assets Management Corporation of Nigeria (AMCON) has ordered the closure of Silverbird group buildings in Lagos and Abuja.

The Abuja seven-storey edifice which houses radio and Television as well as other companies was sealed following a court order obtained by the Federal Government (FG) agency. The security operatives closed down the building around 8am.

While the operation lasted, the security operatives inscribed on the fence of the building and other parts an enforcement order notice by AMCON that read: “Possession taken by court order 26/06/16.”

The expansive Silverbird Galleria on Ahmadu Bello way, Victoria Island Lagos, suffered similar fate as Abuja’s. The operation prevented staff of the group, other occupants as well as customers from gaining entrance into the premises.

The group has major interest in entertainment, cinema, mass media and real estate. It is owned by a former NTA DG and now a serving Senator, Ben Murray-Bruce from Bayelsa State.

In the meantime, the Senator has taken to his twitter handle @benmurraybruce and reacted to the development, hinting that he he has been pre-occupied while the matter has received due attention.

The tweets read in part “It is actually possible to fight corruption and grow the economy at the same time. One does not have to happen at the expense of the other.

“I have been on an international flight and have only just landed. The situation is being resolved and things will be back to normal.

“In 36 years, Silverbird has grown and like anybody, it will face challenges. Tough times dont last. But we, as tough people, outlast them.”