Hosted on MSN1mon
Arik Air Shareholders Debunk AMCON’s Insolvent Claim Before Takeover
LAGOS – The shareholders of Arik Air has denied the claim of the As­set Management Corporation of Nigeria (AMCON) that the airline was insolvent before it took over its control on Febru­ary 9 ...
The Nation Newspaper1mon
Arik Air’s shareholders fault AMCON’s claims of indebtedness
Shareholders of Arik Air have faulted claims by the Asset Management Corporation of Nigeria (AMCON) that the owner of the carrier is owing the corporation over N445 billion. The shareholders ...
Sahara Reporters1mon
Alleged ₦76Billion Arik Airline Fraud: Lagos Court Grants ₦20Million Bail To Former AMCON MD Kuru, Others
Justice Mojisola Dada granted each defendant bail in the sum of ₦20 million with one surety apiece after considering arguments presented by their respective lawyers. An Ikeja Special Offences ...
Vanguard1mon
AMCON vows to recover N227bn from Arik Air
The Asset Management Corporation of Nigeria (AMCON) says it is determined to recover N227 billion debt from Arik Air. The Head, Corporate Communications of AMCON, Mr Jude Nwauzor, made this ...
Vanguard1mon
AMCON to Arik: Loans were non-performing, falsehood won’t erase debt
Asset Management Corporation of Nigeria, AMCON, Friday, refuted claims that a domestic carrier, Arik Air Limited, did not default in servicing its obligations to aircraft suppliers and trade ...
Sahara Reporters1mon
Romanian Airline, Dan Air Approaches Nigerian High Court To Register $400,212 Judgment Debt Against Arik Air
The move is aimed at enforcing a court judgment obtained by Dan Air against Arik Air Limited in a foreign jurisdiction. A Romanian airline, Dan Air, has approached the Nigerian High Court to ...