Osinbajo Inaugurates ICPC Boss, Others To Recover N5trn AMCON Debt

Osinbajo Inaugurates ICPC Boss, Others To Recover N5trn AMCON Debt.

The Federal Government says it has taken another determined step in its bid to recover over N5 trillion outstanding debts owed the Asset Management Corporation of Nigeria .

At the inauguration ceremony which held on Monday at the Presidential Villa in Abuja, the Vice President tasked members of the committee to turn the tide in what has been a rather difficult process where debtors have continued to default on their payment obligations. Following the challenges encountered from the debt-recovery processes and the very limited results so far, he asked the committee to consider other options, including taking enforcement measures in actually recovering the debts.“I know that, given the kind of individuals here, you will definitely turn this whole narrative around. So, I wish you all very well,” said the Vice President.

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