The Asset Management Corporation of Nigeria (AMCON) has fulfilled the
promise it made to name and shame some very important persons in the
country owing the corporation huge amount of money worth over N1
trillion.
According to a report by Leadership Newspaper, top on the list are Mr Ifeanyi Ubah, Wale Babalakin, Jimoh Ibrahim and others.
According to the news journal, the money owed by the trio and 102 other individuals are over N900 billion.
“Capital
Oil and Gas Industries Limited owned by Ifeanyi Ubah, NICON Investments
Limited owned by Jimoh Ibrahim, Bi-Courtney Limited owned by Wale
Babalakin, Josephdam & Sons Limited owned by the Kuteyi family and
Tinapa Business Resort of Cross River State Government are the biggest
delinquent debtors according to the list,” Leadership said.
According
to the list, Capital Oil and Gas owned by Ifeanyi Ubah is indebted to
the tune of N115.952 billion, while Wale Babalakin whose name is on the
ownership of Bi-Courtney limited, Roygate Properties Limited owed
N69.642 billion under the two companies.
Former governor of Enugu
State and Peoples Democratic Party Enugu East Senatorial Candidate,
Chimaroke Nnamani also appeared on the list with a debt of N42.49
billion owed to AMCON under the names of Iorna Global Resources, Sammy
Beth Interbiz Limited, Camden Resources Limited, Riverside Logistics
Limited and Rainbownet Limited.
Also on the list of debtors is
Senator Buruji Kashamu who owes the corporation N13.015 billion. Jailed
former governor of Plateau State, Joshua Dariye who had purchased All
Progressive Congress senatorial nomination form but failed to secure a
ticket was also on the list.
The former governor who is currently
serving a 14 year jail term for corruption charges currently owes AMCON
N6.823 billion which he has yet to come to reach a payment agreement.
Another prominent name on the list is former Minister of Power,
Professor Bart Nnaji, whose name appeared as a director of Geometric
Power Limited which is indebted to the tune of N29.844 billion.
Managing
Director of AMCON, Mr Ahmed Kuru, earlier in the year had mentioned
plans of the corporation to publish the list of delinquent debtors and
directors where applicable, who have failed to reach or refused to reach
settlement resolution with the corporation.
Mr Kuru said the
corporation was set for a new stage that would not involve negotiation
but name and shame as well as take-over of properties of delinquent
debtors that have refused to meet it halfway on the negotiation table.
According
to him, going forward, in cases where the registered assets of a
company that is indebted to the corporation was not enough to clear
their obligation, AMCON would go after the directors and their private
companies.
He said with over N5.4 trillion debt owed the
corporation, AMCON had become tired of obligors (debtors), coming to its
office and telling lies about wanting to embark on a staggered payment
which they ended up never complying.
