|Sen. Ben Bruce|
The companies, which operate under the Silverbird brand, were said to have defaulted in the repayment of N11billion loan to banks.
AMCON subsequently approached a federal court, which granted the order to take over the companies on Thursday. See court papers granting the order for AMCON to take over Silverbird Productions Limited, Silverbird Showtime Limited and Silverbird Galleria Limited:
As at the time of publishing this report, Senator Murray-Bruce is yet to react to the reported takeover of his companies by AMCON.