Managing Director, Asset Management Corporation of Nigeria AMCON Ahmed Kuru, said the Corporation has recovered over 1 trillion naira from debtors.
He spoke during a visit by the Leadership of the Business Recovery and Insolvency Practitioners Association of Nigeria to him in Abuja.
Kuru said the corporation has resolved over 5,000 business relationships.
According to him, “AMCON was created to buy non-performing loans, resuscitate the non-performing loans even though some of these loans had been with the banks for more than 15 years before being transferred to AMCON.
He said AMCON is open to collaborations that would be positively impactful to the economy of the federal republic of Nigeria to which we all owe our allegiance.
