Tag: Creditors
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Arik Air owing creditors over N375bn – AMCON
…says it underestimated rot in the airline before taking over The Receiver Manager of Arik Air, Mr Oluseye Opasanya (SAN), said the embattled airline was indebted to its trade and finance creditors to the tune of N375 billion. Opasanya made the disclosure in an affidavit filed in support of the airline’s receivership by the Asset…