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AMCON gives reasons for Arik take-over

The Managing Director of Assets Management Corporation of Nigeria (AMCON), Mr Ahmed Kuru, said the corporation took over Arik because the airline was owing it N146 billion. He made this known at a meeting with the Senate Committee on Banking, Insurance and other Financial Institutions on Wednesday in Abuja. The News Agency of Nigeria (NAN) recalls that AMCON took over the management of Arik on Feb.

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