VICE President Yemi Osinbajo on Tuesday inaugurated an Inter-Agency Committee to recover the N5 trillion debts owed the Asset Management Corporation of Nigeria, AMCON.

Inaugurating the committee, Prof. Osinbajo said, “One of the terms of reference is for the committee to prepare a report, giving us a sense of what the time lines will be.”

A statement by the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande said that “About 67 per cent of the outstanding N5 trillion debt is said to be owed by just 20 individuals/entities.”

Read more at: https://www.vanguardngr.com/2019/09/just-in-osinbajo-inaugurates-cttee-on-n5-trn-amcon-debts/