Reps Investigate AMCON, BPE Over Sale of $700M Delta Steel Asset for $30M
The House of Representatives is investigating the sale of Delta Steel Company, which was valued at $700 million but sold ...
Tag: AMCON
AMCON Gives Account Of Arik’s 30 Aircraft 8 Years After Takeover
AMCON is seeking to recover N227.64 billion from Arik Air, with total debts including affiliates exceeding N455 billion Arik Air's ...
Court Issues Arrest Warrant for Ex-AMCON MD Over Alleged N76bn Fraud
Justice Mojisola Dada issues an arrest warrant for Ahmed Kuru due to his absence in court regarding fraud charges against ...
Senate okays Gbenga Alade as MD of AMCON
The resolution of the Red Chamber followed its adoption of the recommendations of the Senate Committee on Banking, Insurance and ...
Ifeanyi Ubah’s AMCON Case Unrelated to His Joining APC, Says Lawyer
Senator Ifeanyi Ubah's lawyer clarifies that the AMCON case is unrelated to his joining APC, detailing its origin in commercial ...
Arik Air denies diversion of N120bn
The management of Arik Air Limited (in receivership) has dismissed allegations of misappropriation of funds to the tune of N120 ...
AMCON official in EFCC net over N120bn fraud in Arik Air
One Mr Kamilu Omokide has been detained by Nigeria’s foremost anti-graft agency, EFCC, over alleged misappropriation and diversion of about ...
Court restrains AMCON from selling IBEDC
The Federal High Court in Lagos has restrained the Asset Management Corporation of Nigeria (AMCON) from selling the Ibadan Electricity ...
N7.3B debt: Dana Motors, AMCON settle out of court
Dana Motors, its Chairman Ramesh Hathiramani, and the Assets Management Corporation of Nigeria (AMCON) have filed a term of settlement ...
CBN, AMCON sell Polaris Bank to SCIL
The Central Bank of Nigeria and the Asset Management Company of Nigeria have formally announced the completion of a Share ...
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