The Asset Management Corporation of Nigeria (AMCON) has taken over the of assets of Silverbird Group, owned by serving senator Ben Murray-Bruce and his family.
A Federal High Court in Lagos granted an order for AMCON to take over companies owned by the senator for defaulting in payment of an N11 billion loan.
On Thursday, AMCON took over three assets belonging to the company in Lagos, Abuja, and Port Harcourt.
Silverbird Galleria Limited located at 133 Ahmadu Bello Way, Victoria Island, Lagos, Plot No 1161 (Silverbird Galleria)
Silverbird Promotions Limited located at Central Area Cadastral Zone AOO, Abuja
Silverbird Showtime Limited located at Abonnema Wharf Road and Abali Park in Port Harcourt City of Rivers State.
In his reaction, the Bayelsa state senator said:
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 any body, it will face challenges. Tough times dont last. But we, as tough people, outlast them