- AMCON it has already recovered N1.6 trillion since over a decade of its existence
- The corporation’s MD said it has 350 debtors more to go after
- He noted that funds are paid directly into our CBN account upon recovery
In the first ten years of operation, Asset Management Corporation of Nigeria recovered N1.6 trillion from problematic debtors, leaving the corporation with an outstanding N3.96 trillion debt to pursue.
This is according to a statement on which was released on Tuesday and was signed by Jude Nwauzor, Head of Corporate Communications Department, AMCON.
