Ex-AMCON Boss Kuru Diverted Arik Air Funds To Settle Umza Airline’s Insurance Debt – Witness
A Special Offences Court sitting in Ikeja, Lagos, today was told that a former Managing Director of the Asset...
amcon
Exposed: How Ex AMCON MD Kuru Diverted Arik Air’s N4.9bn To Set Up NG Eagles Airline
The Economic and Financial Crimes Commission on Monday tendered several financial documents before the Special Offences Court sitting...
AMCON Sale: Court Evicts Comedian Ali Baba From VI Property
The popular comedian Atunyota Alleluya Akpobome, widely known as Ali Baba, and his company, XQZMOI TV, have been...
FG Drops N60bn Fraud Charges Against ex-AMCON MD
Justice Rahman Oshodi of the Lagos State Special Offences and Domestic Violence Court, Ikeja, has struck out a N60bn...
Milan Industries claims N850 billion damages against AMCON
…Over wrongful sale of Intercontinental Hotels The Milan Industries Ltd, owners of Intercontinental Hotels, Lagos has filed Eight Hundred and...
How AMCON Mismanaged Arik Air, Depleted Spare Parts Inventory From $150million To Less Than $15million
The shareholders of Arik Air Limited have slammed the Managing Director of the Assets Management Corporation of Nigeria (AMCON),...
Arik Air Founder, Arumemi Johnson Allegedly Owes AMCON Over N400billion
From all indications, there appears to be no end to the brouhaha between the Asset Management Corporation of Nigeria (AMCON)...
AMCON official Detains over N120bn fraud in Arik Air by EFCC
The Economic and Financial Crimes Commission has detained the Receiver Manager appointed by the Assets Management Corporation of Nigeria for...
AMCON: Judge Issues Criminal Summons On Sen. Ifeanyi Ubah, Capital Oil
A Federal High Court sitting in Lagos has ordered that criminal summons be issued on Senator Ifeanyi Ubah and his...
N 2.4Billion Debt: AMCON Takes Over Assets Of Glano Nigeria Limited
The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Glano Nigeria Limited over a huge indebtedness...
AMCON DENIES ARIK FOUNDER ACCESS TO PREMISES AMID LITIGATIONS
There was a mild drama at Murtala Muhammed International Airport, Lagos, the headquarters of Arik Air, as the Chairman/Founder...
AMCON makes N307b debt recovery in two years
Nigeria’s Vice President, Prof Yemi Osinbajo has said Asset Management Corporation of Nigeria, AMCON, made a total of N307 Billion...
N728m Debt: AMCON Seizes Billionaire, Babatunde Folawiyo’s Assets
A Federal High Court sitting in the Lagos State has granted an order for the Asset Management Corporation of Nigeria...
AMCON Sues Demayo Holdings’ Directors For N300m Debt
The Asset Management Corporation of Nigeria (AMCON) has dragged Demayo Holdings Nigeria Limited before a Federal High Court in Lagos...
