Loan

A former Executive Director, Credits at Asset Management Corporation of Nigeria (AMCON), Mr. Muhammed Abass Jega has disclosed that the Arik debt in AMCON, which was onboarded at the time he served as Executive Director, fell within the category of non-performing loan as categorised by the regulatory agencies in the country. He stated this during cross-examination at the ongoing criminal trial at the Special Offences Court presided over by Justice Mojisola Dada. The matter, which…