The Vice-President, Yemi Osinbajo, has directed that new approaches be adopted in the recovery of debts owed the Assets Management Corporation of Nigeria AMCON.

Osinbajo’s spokeman, Laolu Akande, in a statement in Abuja said the directive was part of the Federal Government’s renewed effort to ensure the effective recovery of over five trillion naira being outstanding debts owed AMCON.

Osinbajo on Monday met with board members and management of AMCON and selected heads of government agencies, at the Presidential Villa following which a new committee was set up to carry out the assignment.

The agencies included Economic and Financial Crimes Commission EFCC, Nigerian Financial Intelligence Unit NFIU, Independent Corrupt Practices Commission ICPC and  the permanent secretaries of the Ministries of Justice and Transportation.