The Asset Management Corporation of Nigeria (AMCON), Polaris Bank Limited and 11PLC have filed a stay of execution of the recent judgment of the Appeal Court nullifying the sale of …
AMCON
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Business
Conflicting Orders By The Courts, Especially At FHC Frustrating Recovery Process – AMCON
by Adminby AdminBy Jude Chiedozie Nwauzor, AMCON Federal House of Representatives Committee Chairman on Banking and Currency, Hon. Victor Nwokolo at the weekend in Lagos disclosed that the National Assembly would as …
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Business
Court okays AMCON’s, ex-Customs chief’s settlement on N177m debt tussle
by editorby editorRespite has come the way of former officer of the Nigerian Customs Service (NCS), Dr. Kamoru Bolaji Yusuf, in relation to an alleged N177million debt. A federal high court in …
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Business
Senate Committee accuses Aviation Ministry of frustrating AMCON’s efforts
by editorby editor▪︎ Directs AMCON to republish list of debtors The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has declared that the 9th Senate of the Federal …
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News
Unpaid AMCON Loan: Court Orders Benue Workers’ Salary Accounts To Be Unfrozen
by editorby editorA Federal High Court, Abuja, on Friday, ordered that the salary accounts of Benue State workers be unfrozen, following a plea by the state government over inability to pay workers’ …
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Business
Court lambasts, dismisses AMCON’s suit against senator over alleged N600M debt
by editorby editorJust a day after drubbing former Kwara State Governor, Abdulfatah Ahmed over a N5 billion debt,, a Federal High Court in Abuja on Thursday lambasted the Asset Management Corporation of …
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Business
AMCON seizes, films take-over of Ex-Kwara Governor’s property, Ahmed says agency’s action unnecessary
by editorby editorLess that 24 hour after he joined some prominent politicians to announce a bid to wrest power from All Progressives Congress (APC) and the Peoples Democratic Party (PDP) in 2023 …
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The Senate, on Wednesday, passed an Asset Management Corporation of Nigeria (AMCON) Amendment bill that empowers the Corporation to, amongst others, take possession, manage or sell all properties traced to debtors, …
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By Muiz Banire SAN, immediate past Chairman, Assets Management Corporation of Nigeria (AMCON) Yesterday on my Twitter handle, I announced that my response on the disengagement from Asset Management Corporation …