The Asset Management Corporation of Nigeria (AMCON) says the agency is ready to work in line with its mandate by recovering the accumulated debts of over N455 billion owed by Arik Air Limited (in receivership), and other sister companies belonging to Sir Johnson Arumemi-Ikhide, the promoter of Arik. Speaking in Lagos at the weekend, Jude Nwauzor, Head of the Corporate Communications Department at AMCON, said Sir Johnson Arumemi-Ikhide, who is the promoter of Arik Air, Ojemai Investment Limited, and Rockson Engineering Nigeria, has been uncooperative towards the agency concerning loan…
Read MoreARUMEMI-IKHIDE HAS BEEN UNCOOPERATIVE IN OUR DRIVE TO RECOVER N455BN DEBTS OWED BY ARIK, IT’S AFFILIATES–AMCON
