Sun. Nov 24th, 2024

N5trn Debt: See Names of Those on AMCON Debtors List

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By Dipo Olowookere

The Assets Management Corporation of Nigeria (AMCON) is not slowing down in its determination to recover the over N5 trillion debt owed the commission by some influential persons in the country.

Yesterday, during a meeting at the Presidential Villa, Chairman of AMCON, Mr Muiz Banire, disclosed that about 20 debtors owe 67 percent of the N5 trillion debt.

At the meeting, the Vice President, Mr Yemi Osinbajo, constituted a task force to ensure this huge debt was recovered so as to make more funds available to government for infrastructural projects in the country.

This committee comprises the Economic and Financial Crimes Commission (EFCC), Nigerian Financial Intelligence Unit (NFIU), the Independent Corrupt Practices Commission (ICPC) and the ministry of justice.

In a report today, TheCable published names of the top 20 debtors on the AMCON list, which was reportedly released by the corporation in October 2018.

Below is the list;

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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