AMCON Debts: Osinbajo Inaugurates Committee To Recover N5tr - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
September 17, 2019
Vice President Yemi Osinbajo has inaugurated an inter-agency committee to recover the 5 trillion naira debts owed by the Asset Management Corporation of Nigeria AMCON.
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A statement by the Senior SpecialAssistant on Media and Publicity to the Vice President, Laolu Akande, said thistoday.
The statement said that members ofthe committee include heads and representatives of agencies such as AMCON; theEconomic and Financial Crimes Commission; Nigerian Financial Intelligence Unit;the ICPC; Central Bank of Nigeria; Nigeria Deposit Insurance Corporation; and theFederal Ministry of Justice.
The statement added that “about 67per cent of the outstanding 5 trillion naira debt is said to be owed by just 20individuals/entities.”