Why Ladi Williams dragged AMCON to court


Ladi Williams

Akin Kuponiyi
The crisis rocking the estate of the deceased legal luminary, Chief Frederick Rotimi Alade Williams SAN,has taken a new dimension,as the eldest son of the legal icon, Chief Oladipupo Akanni Olumuyiwa Williams, SAN, has dragged Asset Management Corporation of Nigeria AMCON before a Federal high court in Lagos south west Nigeria to asertain circumstances surrounding the indebtedness of his brother and two others in relation to the Estate of their late father.
     Chief Oladipupo Williams is urging the court to direct and compell AMCON to make available to him copies of documents contained in the file of his brother Folarin Rotimi Williams,and two others,Lambo Jumoke Oguntuga and Kemi Sheri Williams with regards to the sum of N2.3billion in which they stand indebted,and any other details regarding the loan.
     In a 13 paragraphs affidavit personally sworn to and filed before the court, Chief Ladi Williams averred that sometime in the year 2018,AMCON published an article titled the list of top Nigerians owning total debt of N906 Billion, the content of the publication was brought to his attention,after which he wrote a letter of inquiry to AMCON dated the 25th of February 2020, requesting for copies of documents contained in the file of Mr Folarin Rotimi Williams,Lambo Jumoke Oguntuga and Kemi Sheri Williams with regards to the money owed and any other details regarding the loan obtained as they are indebted to the tune of N2,303,470,835.43.
    After months of receiving no reply he sent a letter of reminder dated 26th day of June,2020,and further retraited the legal grounds upon which he was entitled to the said information as requested and then gave AMCON a period of seven days to provide the requested information,failure of which will result to a commencement of legal action against the organization.
  Upon failure of AMCON to accede to his lawful demands,he served AMCON a pre-action notice dated 13th of July,2020. The statutory period of 30 days between serving a pre-action notice  has since elapse.
    Chief Ladi averred further that it is his honest fear that Mr Folarin Rotimi Williams might have used part of the unconstituted Estate of their late father Chief FRA Williams (which he is not beneficiary to),to secure the loan to which he is now indebted;and it is on this basis that be had requested for details regarding the collateral as well as other details regarding the loan obtained.
     Th e granting of his prayers will not in anyway prejudice AMCON,it will only give the parties an opportunity to let the case be determined on its merit and further preserve his right,he contended.
       However,in a notice of preliminary objection filed before the court by a Lagos Lawyer,Dr. Francis Chuka Agbu SAN,on behalf of AMCON,the debt recovery Agency urged the court to dismiss or strike out the suit for lack of jurisdiction.
    In an affidavit in support of the preliminary objection sworn to by Chief litigation officer in the law firm of Lexaier Partners, Barrister Ceaser Anyeabosi and filed before the court by Dr.Francis Chuka Agbu, the deponent stated that Chief Ladi Williams failed to serve a valid 90 days pre-action notice on AMCON as mandated by AMCON Act.
     The suit is also statute barred,having been commenced outside the 3 months stipulated by section 2(a) of the public protection Act  and order34(4) of the Federal high court civil procedure rules 2019.
    The suit is incompetent having been commenced  outside the 30 days period provided by section 20 of the Freedom of Information Act ,2011.
     The suit as presently constituted is incompetent for, the respondent’s failure to seek the leave of the court pursuant to order 34 rule (3) of the Federal high court civil procedure rules and (2) failure to file affidavit of non- multiplicity of suits, pursuant to order 3 rule (9)2 of the Federal high court civil procedure rules 2019, before filing this suit.
     The suit was initially pending before Justice Rilwan Aikawa,who has been transfered to Akure division of the Federal high court.
   The suit now pending before the new judge,Justice Daniel Emeka Osiagor has been adjourned till 12th of October,2021 for hearing