Ten Deposit Money Banks out of over twenty two at the period have contributed N287.6 billion into the sinking funds of the Asset Management Corporation of Nigeria (AMCON) as at December 31, 2016.
This is coming at a time when for the third time this year, the Publisher and Editor-in-Chief of Newsdirect, Dr Samuel Ibiyemi, said AMCON in 2016 was the undisputed debt recovery agency in Nigeria with the recovery of over N681.5 billion from chronic debtors that were hitherto recalcitrant before the arrival of the current management of AMCON led by Mr Ahmed Kuru as its Managing Director/Chief Executive Officer.
Read more: Tribune
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