The Asset Management Corporation of Nigeria on Wednesday disclosed that it has so far recovered over N1.8 trillion.
According to a statement by its spokesperson, Jude Nwauzor, the figures were disclosed by the Managing Director/Chief Executive Officer, Ahmed Kuru, during an interactive session with members of the 10th Senate Committee on Banking, Insurance, and Other Financial Institutions at the National Assembly Complex.
While speaking to the Committee chaired by Mukhail Abiru, Mr Kuru highlighted the challenges faced by AMCON as a “bad bank” and underscored its resilience as a profit-making organization.
