We Are Not Influenced By PresidencyAMCON

The Asset Management Corporation of Nigeria (AMCON) has said that it is not influenced by the presidency in its business dealings or decisions. The bad bank in a statement said that contrary to some online report it is not being influenced to make business decisions by the presidency. An online publication had insinuated that the AMCON sale of companies and debt recovery procedures had been influenced by high ranking officials from the executive arm of government. According to the bad bank, the said letter, which the story brandished, is routine correspondence between the office of the chief of staff to the president and relevant ministries, departments and agencies (MDAs) of government, including the AMCON to seek clarifications and enable briefings to the president on issues considered as having strategic national importance. There is nothing in the contents of all our correspondences to suggest an influence on the AMCON in its business decisions or that translates to prospecting businesses on behalf of any individual, group or organisation.
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