Osinbajo Asks NFIU, EFCC To Go After AMCON Debtors

Nigeria’s Vice President, Professor Yemi Osinbajo has charged the newly set up task force to go after top 20 debtors on the list of the Asset Management Corporation of Nigeria (AMCON).

According to a statement released by Laolu Akande, the vice president’s spokesman, the federal government said it has renewed efforts to recover the N5 trillion debt owed by the debtors.

At a meeting at the Presidential Villa in Abuja, Osinbajo told the newly task-force which includes the main anti-graft agencies in the country  (Economic and Financial Crimes Commission (EFCC), Nigerian Financial Intelligence Unit (NFIU), the Independent Corrupt Practices Commission ) to put in place strategic plan to recover the fund in hands of the debtors.

“The key is collaboration. We need a small team comprising these agencies to look at the next steps that we need to take, especially the criminal aspect, forfeiture, and all of that,” he said.

According to Muiz Banire, AMCON chairman, 67% of the N5 trillion debt is owed by the top 20 debtors.

Some of the stakeholders present at the meeting were Ibrahim Magu, the acting chairman of the EFCC; Bolaji Owasanoye ICPC chairman; Modibbo Tukur, NFIU director; Sabiu Zakari, permanent secretary at the ministry of transportation,.