The Managing Director, Asset Management Corporation of Nigeria, Mr. Ahmed Kuru, has lamented that rich Nigerians who are indebted to the agency are still living big and flying around the globe in their private jets. He stated this while briefing the Senate Committee on Banking, Insurance and other Financial Institutions on efforts being made by […]
The Asset Management Corporation of Nigeria, AMCON, may have lost about N25 billion for taking over the debts of Aero Contractors, sources revealed. According to sources familiar with the deal the assets of the carrier worth less than N4 billion, but were overpriced. Findings revealed that AMCON after paying the huge amount of money controlled only […]
