Duke to pay N537m debt in 12 hours - The Nation Newspaper

A former Cross River State Governor Donald Duke on Monday told a Federal High Court in Lagos that he will pay his N537,334,360.77 debt to Asset Management Corporation of Nigeria in less than 12 hours.

He prayed for an adjournment to enable him settle the case out of court. AMCON, on August 8, through its lawyer Juliet Reeds, obtained the court’s order to take interim possession of Duke’s Ikoyi home. The applicants listed Stonehedge Investment Limited, Duke and his wife, Owanari Bob-Manuel Duke, as first to third defendants in the suit.

AMCON’s lawyer Austin Erhabor of Benson Reeds Legal Practitioners, confirmed that Duke approached the corporation with a pledge to pay the debt before midnight.

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