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BREAKING: Court Evicts Comedian Ali Baba from Multi-Million Naira Victoria Island Mansion

Federal High Court nullifies AMCON sale, orders return of property to original owner amid ₦500 million damages.

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The eviction stemmed from a July 31, 2025, judgment delivered by Justice Ambrose Lewis-Allagoa, who ruled that the 2021 sale of the house by the Asset Management Corporation of Nigeria (AMCON) to Ali Baba for ₦220 million was invalid. The court found that AMCON failed to establish adequate proof of debt before selling the property and ordered the return of the mansion to Harold Expansion Industries, representing the estate of the late original owner. AMCON was also directed to pay ₦500 million in damages.

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Written by Shola Akinyele

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