Tag Archives: King Sunny Ade

In a bid to recover a debt of N63.9million, Asset Management Corporation of Nigeria (AMCON) has filed an application before a Federal high court in Lagos southwest Nigeria, to attach funds in the accounts of King Sunny Ade’s wife, Risikat Adeniyi -Adegeye. In an affidavit sworn to by AMCON credit officer Patience Obute , and filed before the court by ...

Risikat Adeniyi Adegeye, wife of music legend, King Sunny Ade, is currently entangled in a legal battle over an alleged N45.4 million debts due on a loan facility advanced to her by Sterling Bank in 2008. She is in court to challenge an order granted to the Asset Management Company of Nigeria (AMCON) to take temporary possession of the property ...