Tag: Defaulters
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Double Registration: INEC reveals what it will do to defaulters
The Independent National Electoral Commission (INEC) has insisted that persons who did double registration for Permanent Voters Card will not be prevented from voting in the forthcoming general elections in the country. INEC’s National Commissioner and Chairman, Information and Voter Education Committee, Festus Okoye made this known to newsmen on Sunday.
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N5.4tn debts: AMCON threatens to seize, sell assets of defaulters
The Asset Management Corporation of Nigeria (AMCON) has said that there will be no more room for negotiation with debtors as it is now set for a new stage of complete asset takeover. The Managing Director and Chief Executive Officer, AMCON, Mr Ahmed Kuru, who stated this in an interview with newsmen in Abuja on…
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AMCON seeks Appeal Court’s intervention to recover N5trn debt from loan defaulters
The Asset Management Corporation of Nigeria (AMCON) is seeking the collaboration of the Justices of the Appeal Court to recover about N5trillion owed the corporation by loan defaulters nationwide. The Managing Director and Chief Executive Officer (CEO) of the Corporation, Ahmed Kuru explained that despite the overwhelming powers granted AMCON by the law setting it…