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AMCON Acquired 4,000 Non-Performing Loans Including Multi-Billion Naira Arik Air Facility - Witness - TheNigeriaLawyer

Summary by TheNigerialawyer
The third prosecution witness in the ongoing trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Mallam Ahmed Kuru, and four others, has revealed that AMCON acquired 4,000 non-performing loans, including a multi-billion-naira facility involving Arik Air. Testifying before Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, on Wednesday, Abbas Jega, a former Executive Director of Credit at AM…
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TheNigerialawyer broke the news in on Thursday, June 5, 2025.
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