AMCON Takes Over Assets Of Deap Capital Directors Over N1.6bn Debt

Mr Ahmed Kuru, fearless MD/CEO of AMCON Sequel to the order of Honourable Justice C.J. Aneke of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to 14 Directors of Deap Capital Management and Trust Plc. Over an astounding indebtedness of N1.6bn.   Justice Aneke made the ruling on January 18, 2021 and in compliance to the enforcement order, AMCON went about putting the logistics together and on Tuesday day February 23, 2021 the Corporation took effective possession of the seven…

Read More

Femi Adesina Goofs Again! You’re Surrounded, Brother!

By Sunny Igboanugo The men made their campbeds in the large community football field, a substantial part that had been converted to an emergency farm. They spread their mats, tarpaulins, clothes or any other sorts of sleeping materials. That is where they would sleep till the next morning. The women and children had taken the various classrooms in the only primary school, carved them in small, tiny portions for each family. This had been the situation for the past years now. Suddenly, a shrill cry pierced the night. Everybody ran…

Read More