The Asset Management Corporation of Nigeria, AMCON is set to publish the names of 7,912 debtors owing it a total of 4.4 trillion naira.
The move is coming following the expiration of the 30-day ultimatum given by the National Assembly to defaulters to regularise their debt status with the bad debt manager. The one month notice lapses today, Wednesday January 5, 2022.
It was also gathered that AMCON had no option but to obey the National Assembly’s order asking it to publish the names of debtors who have refused to repay their loans.
Spokesperson of the agency Jude Nwauzor explained that the debtors who were yet to provide a repayment proposal risked having their details published in the media after the 30-day grace period given by the lawmakers.
According to corporation, out of 12, 743 non-performing loans inherited by the agency, 4, 831 debtors have settled their indebtednesses, leaving a total of 7,912 outstanding debtors.
