AMCON takes over Buba Galadima’s residence and company

The Asset Management Corporation of Nigeria (AMCON) said it has taken possession of Alhaji Buba Galadima’s Abuja house and Bedko Nigeria Limited, his company. A statement by the AMCON said this is as a result of an order of a…

AMCON Gbese – FG sets up intra agency task force to recover N5tr

The federal government has taken another determined step in its bid to recover over N5 trillion outstanding debts owed the Asset Management Corporation of Nigeria (AMCON), with the formal inauguration of an inter-agency committee to speedily resolve the challenges in…

N3.6b Debt: AMCON takes over Bao Yao Firms in Abuja, Calabar

Hon. Justice B.F.M. Nyako of the Federal High Court has ordered Asset Management Corporation of Nigeria (AMCON) to take over Bao Yao Futurlex Iron & Steel Company Limited in the Federal Capital Territory, Abuja and Bao Yao Huan Jian Iron…

AMCON set to document recalcitrant obligors for posterity, says Kuru

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Ahmed Lawan Kuru, Wednesday in Lagos disclosed that the Corporation is working with other sister agencies to produce a full length television documentary of notorious and recalcitrant obligors of AMCON.…

Kuru leads discussion at Nigerian-American Chamber of Commerce breakfast meeting

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has been slated as Guest Speaker at the July 2019 Breakfast Meeting of the Nigerian-American Chamber of Commerce (NACC). The event comes up in Lagos State…

AFCON: AMCON MD prays for Super Eagles win

Following the impressive performance of Nigeria’s Super Eagles at the ongoing Africa Cup of Nations (AFCON), the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has commended the Super Eagles of Nigeria for qualifying…

AMCON, ICPC team up to recover N5trillion outstanding debt

The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye on Wednesday in Abuja disclosed plans by the commission to collaborate with Asset Management Corporation of Nigeria (AMCON) towards the recovery of N5trillion owed AMCON…

Recovering AMCON’s N5trillion before sunset will require ADR – Jurists

As Asset Management Corporation of Nigeria (AMCON) continues to seek better ways to recover its huge outstanding debt of over N5trillion, leading jurists at the weekend again urged the management of AMCON to explore the opportunities offered by Alternative Dispute…

Justice Dimgba, Kuru, others seek ways to improve recovery of AMCON N5trillion debt

As the noose on obligors of Asset Management Corporation of Nigeria (AMCON) tightens in line with its latest enforcement strategy, Justice Nnamdi Dimgba of the Federal High Court, Asaba at the weekend reechoed the fact that the task to strengthen…

Finally, AMCON takes over Micmerah International Agency Limited

A Federal High Court sitting in Awka, the Anambra State capital in Suits No. FHC/AWK/CS/101/2018 and No. FHC/AWK/CS/102/2018 has ordered the Asset Management Corporation of Nigeria (AMCON) to take over the business and assets of Micmerah International Agency Limited. AMCON…

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