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Ex-AMCON MD, Ahmed Kuru, 4 Others Arraigned for Alleged Theft
AMCON: We Have Recovered N1.96trn Since Inception
The Managing Director, Asset Management Corporation of Nigeria (AMCON), Gbenga Alade, on Tuesday put the total amount recovered by the corporation from debtors at N1.960 trillion. This was as the House of Representatives in Abuja, on Tuesday, charged the Corporation to continue to innovate and adopt best practices in asset recovery, management, transparency, accountability, and efficiency in the…
Gbenga Alade is named CEO of AMCON by Tinubu
President Bola Tinubu has accepted Gbenga Alade's nomination as the Managing Director and Chief Executive Officer of the Asset Management Corporation of Nigeria (AMCON). Ajuri Ngelale, the presidential spokeswoman, confirmed this in a statement on Thursday. He also introduced the rest of the AMCON management team. He stated that the nominations were awaiting ratification by the Nigerian Senate. The President called on the new appointees to demonstrate their unwavering dedication, professionalism, and diligence in ensuring that AMCON's operations were more efficient, transparent, and consistent with his determination to sanitize the nation's financial system in order to maximize value and boost investor confidence in the Nigerian economy. List of Appointees: Gbenga Alade — Managing Director/CEO Lucky Adaghe — Executive Director Aminu Ismail — Executive Director Adeshola Lamidi — Executive Director Read the full article
AMCON recovers N307bn debt in two years
AMCON recovers N307bn debt in two years
Between 2020 and 2021, the Asset Management Corporation of Nigeria recovered debts totaling N307 billion. The Federal Government has received a report from an inter-agency committee established to recover debts owed to the Asset Management Corporation of Nigeria, which calls for strict enforcement of pertinent laws, including the AMCON Act, to make sure that recalcitrant debtors are barred from…
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AMCON Debt Recovery Committee Submits Report To VP Osinbajo, Urges Strict Compliance With Due Process For Debtors Seeking New Contracts With Govt Agencies
AMCON Debt Recovery Committee Submits Report To VP Osinbajo, Urges Strict Compliance With Due Process For Debtors Seeking New Contracts With Govt Agencies
L-R, Professor Bolaji Owasanoye, ICPC Chairman and Professor Yemi Osinbajo, Vice President of the Federal Republic of Nigeria By Adetokunbo Fakeye Nigeria – An inter-agency committee set up on the recovery of debts owed to the Asset Management Corporation of Nigeria has submitted its report to the Federal Government and is urging for strict implementation of relevant laws including the AMCON…
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