AMCON takes over firms belonging to Wada, ex-Kogi governor over alleged debt

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AMCON takes over firms belonging to Wada, ex-Kogi governor over alleged debt

Following an interim order of a federal high court in Lagos, the Asset Management Company of Nigeria (AMCON) through its appointed receiver/manager, Chief Robert Ohuoba has taken over the business, trading activities and all fixed and floating assets of firms belonging to a former governor of Kogi State, Idris Wada over an alleged unpaid debt.

The affected firms are Tampetro Nigeria limited and International Logistic & fulfilment services limited. Apart from Wada, other directors of the companies are Abubakar Shehu Tambuwal, James Zubairu and Zalihatu Abubakar Shehu. read more

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