A
Federal High Court in Lagos on Monday vacated an order granted the Asset
Management Company of Nigeria (AMCON) to take over Terminal 2 of Murtala
Mohammed International Airport.
Justice
Ibrahim Buba, in a ruling, upturned the order on the grounds that it was an
abuse of court process since the order was obtained in the face of previous
pending cases and specific orders, reports News Agency of Nigeria (NAN).
Justice
Okon Abang of the same court had on September 22 granted receivership of assets
of Wale Babalakin, Bi-Courtney’s chairman, to Olisa Agbakoba.
Agbakoba
was appointed receiver/manager over all the companies of Babalakin, including
MMA2, Bi-Courtney Ltd, Chartered Investment Limited, Resort International Ltd
and Roygate Properties Ltd.
The
orders were based on
