Lagos, Nigeria – Na so wahala take show for First City Monument Bank (FCMB), as dem don collect property and assets wey belong to BW Limited, Vandt Investment Limited, and their chair, Victor Hammond. Dis whole drama na about N4.4 billion wey dem allegedly owe FCMB. E happen on Thursday, when court sheriffs waka go the company, with police and security personnel wey follow dem to make sure everything gree.
One video wey dey circulate show police around the company premises as dem carry out the court order. Dis takeover no be small matter because, according to federal high court for October 2025, dem don tell FCMB say make dem better collect wetin belong to these people. Dem don place receiver wey be Nick Omeye to supervise the whole collection, plus police protection wey dey for ground.
The properties dem don carry include landed ones wey don serve as collateral for loans wey FCMB don give, and Hammond, the third defendant, don guarantee am. Some of the juicy properties wey dem don take over na the one wey dey No. 15 Korimu Kotun Street for Victoria Island, Lagos, wey get Land Certificate No. LO 7649. Another property wey dem don grab na for 12C Bompai Road, Kano state, plus the owner vehicle, plants and machinery wey dey under receiver control.
But no be only property wahala dey for ground. E be say court don also give Mareva injunction wey go restrict 19 major banks like Guaranty Trust Bank and Zenith Bank from moving the over N4.1 billion wey dey link to BW and Hammond. Na so dem go make sure say the money no waka go anywhere until dem finish this case.
As dis matter dey unfold, reports show say the properties still dey under FCMB control as of November 13, with law enforcement dey watch am to stop any unauthorized movement. Dis matter wey don carry plenty eyes don show say dem serious for dem recovery game, and nobody fit play with the bank o!
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