Here is what is going on:
1. Mr Ben Murray Bruce borrow money from the bank. He use his companies as collateral. The loan is up to 10 Billion naira.
′2. Mr Ben Bruce defaulted (i. e he did not pay back)
3. Government is taking over the collateral.
The people who will suffer the bad loan are the masses. Mr Bruce will not feel the pain one bit. Imagine UBA or Union bank closes because they cannot operate anymore. Imagine the number of poor Nigerians whose money will be gone. Will you prefer this happens or Mr Bruce pays his debt?
The government has done nothing wrong. If Mr. Bruce repays the loan tomorrow, it will be illegal for AMCON to still hold the building.
It has nothing to do wit Tax Evasion as being preached by APC sympathizers.
Ben Bruce said things have been sorted out.