As part of the corporation’s efforts to recover the outstanding N5tn debt, he said it also disengaged some of its receivers for non-performance.
The statement said he spoke at the first seminar for AMCON receivers/receiver managers in general enforcement in Abuja. “In order to streamline the functions of our receivers and make them more effective and accountable, we have developed a new receivership framework, which will henceforth govern our relationship in terms of management of the assets and accountability.“We did that because assets are being abandoned without cause or plan to come out of the debt. And at times, receiver managers are confused about their responsibilities.