vimarsana.com

சொத்து மேலாண்மை கூட்டாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

N5tn debt: AMCON plans to change recovery strategy

Punch Newspapers Sections Published 7 June 2021 The Asset Management Corporation of Nigeria has said that its Asset Management Partners scheme has resolved to change its recovery strategy. It said in a statement on Sunday titled ‘AMCON AMPs may change recovery strategy’ that it planned to make make use of AMCON’s special powers as contained in the AMCON Act 2019 as amended, which had been signed into law by the Federal Government. The statement said this was disclosed during a two-day training, which was organised by Legal Academy led by Dr. Fatihu Abba as the director-general, in conjunction with AMCON with the theme, ‘The utility of the Federal High Court proceedings rules and complementary strategies as critical tools in AMCON debt recovery by AMPs’.

Kuru: Recovery of N5tn Debt Burden, AMP Scheme Pivotal

By Nume Ekeghe Five years after the Asset Management Corporation of Nigeria (AMCON) launched the Asset Management Partners (AMPs) scheme, the Managing Director/CEO of AMCON, Mr. Ahmed Kuru has described the initiative as a major tool in the recovery efforts of the corporation and key to its success. Kuru spoke in Lagos, at a 2-day training for Asset Management Partners (AMPs) of AMCON. The AMPs scheme of the government agency currently has about 6,000 Eligible Bank Assets (EBAs) at different stages of resolution and about 3,000 matters at various Courts in the country. Through the AMPs, AMCON said it is essential each of the cases are properly captured as they progress in the Courts.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.