600 staff lost their jobs due to AMCON’S invasion of Lagos Best Western in 2017- Edward


…Supreme Court’s ruling brought confidence back- Owner

Group Managing Director, Suru Worldwide Ventures Limited, Dr Edward Akinlade, has recounted that 100 direct and 500 indirect staff lost their jobs at Lagos Best Western due to Asset Management Company of Nigeria (AMCON) invasion on the 21st of September, 2017.


This is coming on the heels of the Supreme Court on Friday affirming the judgment of the Court of Appeal Lagos nullifying the takeover of the landed property of Suru Worldwide Ventures Nigeria Limited by the Asset Management Corporation of Nigeria (AMCON).

According to him, the hotels had international Guests like British Council, Canadian Embassy, Mobil, Shell and others on the day of the incident.

Meanwhile, The Prince from the Ashogbon Family in Lagos State said the Supreme Court’s ruling brought confidence back that the judiciary is ready to do justice rather than being a puppet of the government of the day.

Edward noted that it shows the Judiciary is there to implement the rule of law and to ensure the efficient division of the rule and separation of powers.


“As at that time, we had 100 direct and 500 direct and indirect staff respectively. They all lost their jobs on the 21st of September, 2017.

“We had international Guests in the hotels that night- British Council, Canadian Embassy, Mobil, Shell were all our guests. They were teargassed out of the hotels that night.

“The Supreme Court’s ruling brings confidence back that the judiciary are ready to do justice rather than being a puppet of the government of the day.

“It shows the Judiciary is there to implement the rule of law and to ensure the efficient division of the rule and separation of powers. Clearly, they gave an order against the executive and they have to comply.

“This our judgement is a test case and it will be referred to in years to come as a precedent.” He said.

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