AMCON Seeks Senate Intervention In Recovery Of N5trn Debt | Sahara Reporters

The Asset Management Corporation of Nigeria has called on the National Assembly for legislative support in recovery of N5trn debt from defaulters.

The statement reads, “We want the 9th Senate of the Federal Republic of Nigeria to pile pressure on some of our obligors through the Senate Committee on Banking, Insurance and other Financial Institutions under the leadership of Senator Uba Sani as Chairman. The statement urged the Senate to do more to support AMCON in recovery of the debts, noting that some of the top obligors and defaulters are still hiding under legal technicalities to tie corporation in courts.

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