amcon
AMCON Recovers N2.1tn, Vows to Pursue Remaining Debts
Speaking at a press conference in Lagos, AMCON’s Head of Corporate Communications, Mr. Jude Nwauzor, highlighted the agency’s ongoing efforts to recover outstanding debts, particularly the case involving Arik Air Limited (in Receivership) and its founder, Sir Johnson Arumemi-Ikhide. He
… Continue Reading
Federal High Court Greenlights AMCON’s Sale of Abuja Properties Tied to BDC Operator
The Chief Judge of the Federal High Court, Justice John Terhemba Tsoho, has ruled in favor of the Asset Management Corporation of Nigeria (AMCON) in a debt recovery case against BDC operator.
The court ordered the sale of properties … Continue Reading
AMCON Seeks Court Permission to Possess Houses of Defaulters in Suit Filed Against Maimako International Limited
The Asset Management Corporation of Nigeria (AMCON) has filed a lawsuit before the Federal High Court in Abuja seeking to take possession of two houses belonging to Maimako International Limited over a N50 million debt.
In the suit filed by … Continue Reading
Federal High Court Orders AMCON to Recover ₦478 Million Debt from Contractor
The Federal High Court in Abuja has mandated the Asset Management Corporation of Nigeria (AMCON) to pursue the recovery of ₦478 million from Perfect Aims Global Engineering Limited and associated parties.
This decision stems from their failure to settle outstanding … Continue Reading