The Asset Management Corporation of Nigeria has taken over the assets of Pan Ocean Group, over a N240billion debt.
The court had also granted an order appointing AMCON as a Receiver Manager and its designated human nominees its privies and assigns over the assets of Pan Ocean, their corporate guarantors, cronies, and cohorts to take over a number of prime assets of Pan Ocean over some irreconcilable huge debt owed AMCON by both Everest Nominees Limited, Pan Ocean Group, and their promoters as well as directors.The court in suit No.
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AMCON Takes over Pan Ocean’s Assets over N240bn Debt - THISDAYLIVEDike Onwuamaeze The Asset Management Corporation of Nigeria (AMCON) has taken over all assets belonging to Pan Ocean Group and its subsidiaries. A statement Thursday from AMCON said the takeover followed the order of Justice A.M. Liman of the Federal High Court. Pan Ocean Group is promoted by Dr. Festus Fadeyi, a Lagos-based oil and …
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N240bn Debt: AMCON Takes Over Assets Of Pan Ocean GroupNigeria News, Nigeria Newspapers
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AMCON takes over Pan Ocean Group over N240bn debt - Vanguard NewsThe Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Pan Ocean Group over failure to repay N240 billion debt.
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AMCON takes over Pan Ocean Group over N240bn debt - Vanguard NewsThe Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Pan Ocean Group over failure to repay N240 billion debt.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
N240bn Debt: AMCON Takes Over Assets Of Pan Ocean GroupNigeria News, Nigeria Newspapers
Source: LeadershipNGA - 🏆 4. / 77 Read more »
AMCON Takes over Pan Ocean’s Assets over N240bn Debt - THISDAYLIVEDike Onwuamaeze The Asset Management Corporation of Nigeria (AMCON) has taken over all assets belonging to Pan Ocean Group and its subsidiaries. A statement Thursday from AMCON said the takeover followed the order of Justice A.M. Liman of the Federal High Court. Pan Ocean Group is promoted by Dr. Festus Fadeyi, a Lagos-based oil and …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »