Tag: AMCON
AMCON vs Arik: Lest we forget the facts of the matter
By Jude Nwauzor
In as much as the current executive management of the Asset Management Corporation of Nigeria (AMCON) has taken a position not to...
Court vacates bench warrant against ex-AMCON MD Ahmed Kuru
An Ikeja Special Offences Court on Thursday vacated a bench warrant previously issued against the former managing director of the Asset Management Corporation of...
AMCON intervention pushes Aero Contractors back to profitability – Alade
Asset Management Corporation of Nigeria (AMCON) has pushed back Aero Contractors to profitability following its takeover of the airline's management in 2016, culminating in...
Court orders arrest of ex-AMCON MD Ahmed Kuru over alleged N76bn...
An Ikeja Special Offences Court in Lagos has ordered the arrest of the former managing director of Asset Management Corporation of Nigeria (AMCON) Ahmed...
AMCON seeks swift judicial action to recover billions
Asset Management Corporation of Nigeria (AMCON) has called on the judiciary to expedite the resolution of AMCON-related cases within the 60-90 day timeframe mandated...
AMCON intensifies recovery efforts, enlists international asset tracers
In a move designed to recover outstanding debts of nearly N5trillion, the Asset Management Corporation of Nigeria (AMCON) says it would engage international asset...
AMCON remains focused despite sponsored and unfounded media attacks
By Jude Nwauzor
Hard as some recalcitrant obligors raise false alarms meant to incite the public against the Asset Management Corporation of Nigeria (AMCON) by...
Court orders Victor Umeh to pay N136m debt owed Skye Bank...
A Federal High Court sitting in Abuja has ordered Senator Victor Umeh to pay about N136 million to the Asset Management Corporation of Nigeria...
AMCON recovers over N1.8trn debt
The Asset Management Corporation of Nigeria (AMCON) has so far recovered over N1.8 trillion previously held as debt.
The corporation’s managing director/chief executive officer Ahmed...
Arik’s case not irredeemable, owners must present resolution strategy that makes...
Managing director and chief executive officer of the Asset Management Corporation of Nigeria (AMCON) Ahmed Kuru has said the challenges facing Arik Air are...