The Export Development Canada (EDC), has reacted to a recent announcement by Arik Air that JEM Leasing Limited, owners of the CRJ 1000 in its fleet registered as 5N-JEE and its financiers, EDC, have planned to sell the airplane, by warning Nigeria’s Economic Financial and Crime Commission (EFCC) to lay off its Mortgage Rights, the CRJ 1000 which the crime commission is obstructing the owner from repossessing following a petition filed by Sir Johnson Arumemi, founder of Arik Air Limited, which is in receivership under the auspices of the Asset…
Read MoreALLEGED N120BN AMCON/ARIK AIR SCANDAL: EXPORT DEVELOPMENT CANADA(EDC) WARNS EFCC TO STEER CLEAR OF IT’S MORTGAGE RIGHTS
