The Asset Management Corporation of Nigeria says the top 20 debtors who owe over 67 percent of the N5 trillion debt the corporation is seeking to recover as 'national cake'.
He said, “These 20 persons owe almost N4 trillion. We have several thousand accounts in our kitty and just like when you do your scale of preference when we arrange it, there are top 20, 50, 100, and it moves on in that order. “There are individuals in this country who hold on to this money and it is not that they don’t have the wherewithal to pay, but they just don’t want to pay because, for them, it is 'national cake'. But this is taxpayers’ money. Some workers have died because of these people. Some institutions have been crippled because of them. The economy is also suffering because of them.”
“Most of these obligors are also in court with us, which is why you can’t just go out to reel out names, especially when you have a case that is before a court of competent jurisdiction. He said, “Some of these cases have been on for over five, seven years, and others since the inception of AMCON in 2010.
trust me when I say there is no one more corrupt in this country than babalakin and Tinubu not Dieziane or Abba kyria
Are they above the law?don't we have laws to deal with such things?
AsoRock If the government is so poor that it borrowings to fund budgets? How then can a company or individual in this poor society be able to raise such money? I think we are at a point where there's no way out for anything
AsoRock