N1.3bn debt: AMCON takes over Inducon Nigeria's assets – Punch Newspapers
Punch Newspapers Sections Nike Popoola The Asset Management Corporation of Nigeria has said it took over an asset belonging to the Chief Promoter of Inducon Nigeria Limited, Dr. John Abebe, over N1.3bn debt. In a statement on Sunday from the Head, Corporate Communications Department, AMCON, Jude Nwauzor, titled ‘N1.3bn debt: AMCON takes over assets of Inducon Nigeria Limited’ it said this followed the order of Honourable Justice Aikawa of the Federal High Court, Lagos. “In compliance with the enforcement order, AMCON at the weekend took effective possession of the property situate at Pl...