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Nairaland Forum / Nairaland / General / Politics / ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors (8933 Views)
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₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by AmazingGenius: 10:32am On Apr 22 |
The Asset Management Corporation of Nigeria, AMCON, has initiated bankruptcy proceedings against the Chairman of Milan Industries Limited, Milan Nigeria Ltd and Milan Beverages Ltd, Rajesh Valecha and four other directors of the companies over their alleged inability to repay a N42billion debt. https://www.vanguardngr.com/2024/04/alleged-n42b-debt-amcon-moves-against-firms-md-directors/ 2 Likes
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Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by mhktaryan: 11:57am On Apr 22 |
Debts everywhere |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by INTEGRITYA1(m): 11:57am On Apr 22 |
That's good |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by NwaNimo1(m): 11:57am On Apr 22 |
Indians.......economic saboteurs. 5 Likes |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by mytime24(f): 11:57am On Apr 22 |
Every debt now na billions and trillions 2 Likes 1 Share |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by tradepunter: 11:58am On Apr 22 |
Ok |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by crystalpapers(m): 11:59am On Apr 22 |
This debtors too will be forming big men of the society. Anybody wey no know where him mates dey make am go think say village people dey do am, but if you come know you no go wan do am. 6 Likes 2 Shares |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by famouscargo4u: 12:00pm On Apr 22 |
What if heirs holding owing 25b? |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by Connected1: 12:02pm On Apr 22 |
crystalpapers:I swear bro. People are in massive debts but still living lavish, once you make a name or get good assets, taking loans will be a piece of cake. I don't envy anyone though because bankruptcy usually comes calling at some point. 7 Likes 1 Share |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by Tonytonex(m): 12:04pm On Apr 22 |
Everybody is running into debt. A Person that doesn't have money is Richer than the person that is indebted. 2 Likes 2 Shares |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by Tonytonex(m): 12:06pm On Apr 22 |
Connected1:honestly. Most of them are Owing a huge sum of money. 2 Likes |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by RichesRiseQueen: 12:31pm On Apr 22 |
when will they understand money is just a set of numbers, these debts will be around forever because they don't exist. Learn how money works. Check my signature |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by SalamRushdie: 12:42pm On Apr 22 |
The Indian bank ponzi scheme 1 Like |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by Musty112: 12:51pm On Apr 22 |
Banks don't fail...na human dy fail am 1 Like |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by crystalpapers(m): 3:47pm On Apr 22 |
Connected1: Yeah. You are correct my brother. |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by Menclothing1: 9:43pm On Apr 22 |
Most billionaires are borrowing |
Re: ₦42 Billion Debt: AMCON Moves Against Firm’s MD, Directors by Kizzygentle: 9:53pm On Apr 22 |
U all should stop consoling yourselves with how people owe and all.. Why is it always 1 in a thousand that AMCON always go after.. If u have access to such loan and do the needful which I believe shouldn't be a problem because wirh such loan, there is no way u won't be able to set up yourself and also pay back as agreed. Imagine I collect loan 1billion and I'm suppose to be paying 10m monthly, I would definitely keep 100m down for payment in 10months. U want to tell me that 900m will not be able to invest what 1bilion will invest with the same profit and still get flexing money normally.. You all should not decieve yourselves jor.. Without loan, u go broke pass bottle self.. Dey play .. Me I dey find loan like this. Better one sha... |
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