The Asset Management Corporation of Nigeria (AMCON) has seized the assets of Hydro Hotels Limited, in Minna, the Niger State capital, over N600 million debt. The takeover of the company’s assets was confirmed at the weekend by Jude Nwauzor, the Head of Corporate Communications Department at the government recovery agency. Affirming the decision of a Federal High Court in Minna, Niger State, the Court of Appeal, through Justice Habeeb A. O. Abiru, Justice Abubakar Datti Yahaya and Justice Amina Audi Wambai, the court granted AMCON judgment against Hydro Hotels Limited…
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