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AMCON Takes Over Jimoh Ibrahim's Prime Assets Over N69.4bn Debt

Published by Leadership on Thu, 19 Nov 2020


Asset Management Corporation of Nigeria (AMCON) has taken possession of 12 prime assets belonging to Barrister Jimoh Ibrahim, the chief promoter of Global Fleet Oil & Gas Limited and NICON Investment Limited in Lagos and Abuja over a staggering indebtedness of nearly N70 billion. The takeover is sequel to an order by Justice R.M. Aikawa []
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