AMCON has taken over assets belonging to 14 Directors of Deap Capital over an astounding indebtedness of N1.6bn.
An Abuja court has set aside the interim order gotten by AMCON to seize property belonging to Jimoh Ibrahim over debts owed.
AMCON also says that the property takeover is a series of future enforcement in the coming weeks.
This announcement was contained in a notice signed by the Company Secretary.
The financial status Stallion Motors is healthy, says Mr Anant Badjatya as the group rebuffs reports that the company is in bad financial shape
The CEO of AMCON, Mr Ahmed Kuru, has listed out the factors responsible for the failure of airlines in Africa’s largest economy.
The National Assembly has assured AMCON of its support to recover the over N5.4 trillion outstanding debt owed by obligators.
CBN Financial Stability Report has revealed that the apex regulator and 15 DMBs have injected N228.28 billion in AMCON in 12 months.
AMCON is set to seek judicial intervention to recover over N5 trillion debt in the hands of few Nigerians.
The Federal Government has set up an inter-agency committee for the purpose of recovering the N5 trillion debt owed AMCON.