Business
AMCON Takes Over Delta Firm
Delta State-based company, Wokson International Limited, has joined the strings of companies in the take over dragnet of the Asset Management Corporation of Nigeria (AMCON).
Justice of the Federal High Court, Lagos Division, Justice Babs Kuewumi, granted the bank an injunction against Wokson International in both its assets in Asaba and Warri operations last Friday.
The order, therefore mandates AMCON to take over all the assets of Wokson International Limited and Promoter of the company, Chief William Oki, over N5 billion indebtedness.
The assets of the company and Oki, have already been taken over by AMCON on the order of the court through the Receiver, Robert Ohuoba who also received protective order from the court.
According to the order, “all financial institution served with the order hereby made shall comply by filing at the Registry of the Federal High Court affidavits showing cause and servicing same on the claimant’s legal practitioner and in the event that money is found in any account standing in the credit, to transfer such sum of the nominated account of the claimant forthwith”.
The assets taken over by AMCOM include, asphalt plants, hotels and several houses, while freeing all accounts belonging to the duo in all financial institutions any where.
The Inspector General of Police and Commissioner of Police, Delta State Command were directed by the court to assist and protect the bailiffs of the Federal High Court and the receiver, Ohuoba.
Head of Corporate Communications, AMCON, Jude Nwauzor, confirmed the development.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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