Stop debtors from contesting elections, judge urges AMCON (Punch)

Now that the Asset Management Corporation of Nigeria (Amendment) Act 2019 has been signed into law by President Muhammadu Buhari, Hon. Justice CMA Olatoregun of the Federal High Court has called on the management of AMCON to work with other agencies of the government to stop its debtors from contesting elections in the country.

Olatoregun, who made the call as a chairperson of a one-day seminar for external solicitors and asset management partners of AMCON, also said it was the right time for the corporation to come up with a comprehensive database of its obligors.

She urged the corporation to make such information available to bodies such as the Independent National Electoral Commission, Independent Corrupt Practices Commission, Economic and Financial Crimes Commission, Department of State Security, and the Nigeria Police Force so that AMCON’s obligors could be stopped from contesting general elections. Read more

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