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Home Business News

AMCON Takes Over OAS Helicopters, Seals Their Office. 

Ugodre Obi-chukwu by Ugodre Obi-chukwu
February 14, 2017
in Business News
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Nairametrics| The News Agency of Nigeria,  NAN is reporting that The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services, known more as OAS Helicopters in Lagos following a court order. 
According to NAN AMCON had on Tuesday sealed the company at Maryland in Lagos, indicating that the company had been taken over by AMCON.

The order on the company’s office reads: “POSSESSION TAKEN TODAY 14/2/17 BY AMCON COURT ORDER ON SUIT NO. FHC/4CS/1139/2016

OS was among the airlines that received the Federal Government intervention fund during the tenure of President Goodluck Jonathan.

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Tags: AMCON News
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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