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AMCON dismisses Nwankwo’s claims

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Nwankwo KANU

The Asset Management Corporation of Nigeria (AMCON) has said the claims of the former Captain of the Super Eagles, Kanu Nwankwo, are brazen falsehood meant to mislead the public on the true position of his massive indebtedness to the corporation.

AMCON, in a statement, explained that its attention has been drawn to some inaccurate stories that are sponsored on some online publications regarding the huge debt of the promoter of The Hardley Apartments.

Stating that it is not in the habit of joining issues with obligors on the pages of the newspapers, especially when the matter is in court as in this one, it however reiterated that as a law abiding recovery agency of the Federal Government, it will at all times operate within the confines of the law and act accordingly.

“We also want to put on record that having exhausted all avenues of peaceful resolution as a result of the huge debt, AMCON in 2015 obtained an order from the Federal High Court, which gave it permission to take possession of The Hardley Apartments located at No. 46 Waziri Ibrahim Crescent, Off Elsie Femi – Pearse Crescent, Off Adeola Odeku Street, Victoria Island in Lagos State.

“This order still subsists, pending the determination of the substantive matter.”

The public should therefore please disregard these misrepresentations as we await the pronouncement of the court on the matter,” the statement noted.


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