Tag: AMCON
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EFCC to assist AMCON in N5 trillion Bad Debt Recovery
The Economic and Financial Crimes Commission (EFCC) has said that it will assist the Asset Management Corporation of Nigeria (AMCON), to recover monies going into trillions of naira being owed it by businessmen, women and companies.
FG adopts new approach in N5.4trn AMCON debt recovery
To ensure the effective recovery of the N5.4 trillion debts owed the Assets Management Corporation of Nigeria(AMCON), the Vice-President, Prof. Yemi Osinbajo, has directed that new approaches be adopted.
Top government officials among N5tn chronic debtors- AMCON
Asset Management Corporation of Nigeria, AMCON, said people occupying top government positions are its chronic debtors.
Business giants in trouble over N5 trillion AMCON debts
Institutions and individuals on Asset Management Corporation of Nigeria’s (AMCON’s) debtors’ list are to be blacklisted. They will no longer be allowed to do business with the government henceforth, it was learnt at the weekend.
Arik Air cannot begin international operations due to incurred debts- Ilegbodu
Arik Air says it cannot begin international operations because of the huge debts left by the previous managers.
