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N1.365bn Loan: Murtala’s Son Vows To Protect Business Interest

Risqua, son of the late former head of state, General Murtala Muhammed, has described the court order granted against him at a Federal High Court in Lagos as one of the incidences common in commercial disputes, which would not have merited any attention, but for his profile as the son of a former head of state.

Justice Saliu Saidu of the Federal High Court was said to have barred Risqua from withdrawing funds from his accounts in any of the financial institutions in Nigeria for allegedly failing to liquidate a N1.365billion credit facility.

Risqua, who spoke through his counsel, Edo Ukpong, said he is taking all lawful steps to protect his interests and will do so within the confines of the judicial process only.

Ukpong said, “The ochestrated widespread sensationalization of a routine commercial dispute is suggestive of ulterior motives”.

““AMG duly supplied the products as contractually agreed to Total between December 29, 2011 an January 1, 2012.”

AmarSim Associations Development Consultants

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