Latest Breaking News On - சட்டப்பூர்வமானது கலைக்கழகம் - Page 11 : comparemela.com

Managing Director, AMCON, Ahmed Kuru. Photo/FinancialNigeria Since the Asset Management Corporation of Nigeria (AMCON) was founded, the Corporation has approached its legal mandate with dexterity and alluring passion. But this is also certainly not without force and brutalities that have left roll calls of deaths of innocent citizens and collapse of businesses. Hence across Nigeria, many Nigerians have several scary stories to tell about AMCON. It is time for AMCON to shift focus to CORPORATE RESCUE MISSION as enunciated in CAMA 2020. No doubt, AMCON was established by law in 2010 to buy bad debts from banks, using the Treasury Bill’s money to stabilize the country’s financial institutions. The entire concept was to make banks liquid by buying toxic loans from banks and liaising with the obligor/debtor to provide the obligor/debtor with a conducive environment to repay the debt. If I may ask, was AMCON established to generate profit or to stabilize the financial sector? If AMCO

Abuja federal capital territoryJustice chikereJustice anuri chikereRevenue serviceHigh court abujaLagos high courtAsset management corporation of nigeriaPeace hotelsSupreme courtPeace global satellite communications networkNational judicial counselNigeria customs servicePeace hotelHigh courtManaging directorAsset management corporation