Vice President Yemi Osinbajo has said the Federal Government will deal decisively with individuals and organisations that made the list of high-profile obligors of Asset Management Corporation of Nigeria (AMCON).



He said they have made it impossible for the corporation to resolve its outstanding N5trillion debt thereby holding the entire nation to ransom with their bad behaviour.



A statement from AMCON also said Prof. Osinbajo who is the Chairman of the Economic Council disclosed plans by government to set up an inter-agency collaboration framework that would comprise relevant government Ministries, Departments and Agencies (MDAs) and supervised by the office of the Vice President to ensure that institutions and individuals that are indebted to AMCON are not allowed to do business with government henceforth.



The Vice President who spoke at the weekend when he received some Board members and Management of AMCON at the State House, Abuja led by the Board Chairman, Muiz Banire, SAN said the Federal Government under the leadership of President Muhammadu Buhari, will no longer fold its hands and allow a few individuals that owe AMCON huge sums of money walk freely on the streets in the country.

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