AMCON’s total recoveries hit N134 bn in 2016

by | May 29, 2017 8:49 am

The Asset management Corporation of Nigeria (AMCON), made a total recovery of N134 billion in 2016, data from the financial statements show. A breakdown of the recoveries shows that cash collection contributed N86.9 billion, Asset forfeiture N30.46 billion, sale of properties N7.9 billion and dividends sold N8.7 billion. Further details show that a total of…

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