FCMB Takes Over Properties in Lagos Following Court Order

FCMB has seized multiple properties as per a court order in Lagos, Nigeria, related to assets of VDT Invest Limited and Victor Hammond. The enforcement, carried out by court sheriffs and security personnel, involved properties like real estate in Victoria Island and Kano, as well as heavy machinery.

The court directed FCMB to take possession of assets pledged as collateral for loans extended to Mr. Hammond.

The action was taken to enforce compliance with the court's directives and protect FCMB's interests.