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Femi Falana Cries Out

Eminent lawyer, Femi Falana (SAN) has cried out to Nigerians that he has never bought any from the Economic and Financial Crimes Commission (EFCC).

He said; “I wish to say, without any fear of contradiction, that the property in question was never recovered by the Presidential Pension Task Force.”

“It is on record that the property was used as a collateral by the owner, A. Group Properties Limited, for a loan from Bank PHB in 2008.”

“When the owner of the property defaulted in the payment of the loan, it was taken over by the Asset Management of Nigeria (AMCON) via an order of interim forfeiture.”

“However, in an attempt to liquidate the loan, the owner of the property wanted to sell it. My law firm agreed to buy the property for N250 million.”

“But we withdrew from the transaction due to the delay in resolving the case. Up till now, the case is still pending at the Federal High Court.”

“I challenge the Federal Government to forfeit the N1 billion I purportedly paid for the property and recover the property, if it is established that it was recovered by the Pension Task Force.”

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