*One of the many high-profile properties that are now in AMCON custody —————————————————————————————————————- Hon. Justice C.J. Aneke of the Federal High Court Lagos Division has granted an injunction against Cedar Oil & Gas Exploration and Production Limited on the application of Asset Management Corporation of Nigeria (AMCON). The order therefore mandates AMCON to take over the assets of the firms over a staggering indebtedness of ₦29billion. In compliance with the court order, AMCON has formally and successfully taken possession of all the assets of Cedar Oil & Gas Exploration and…
Read MoreBREAKING NEWS: ₦29billion Debt, AMCON Takes Over Cedar Oil & Gas Limited
