MD, 7 others dragged to court over N32bn debt

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First to give an indication on the dangers that lie ahead for the sector are 13 generation companies (gencos) which recently, dragged the Federal Government to court over N1 trillion debt.

MD, 7 others dragged to court over N32bn debt . Saturday, June 8, 2019 5:10 pm. Court gavel. By Akin Kuponiyi. In a bid to recover a debt of N32 billion owed four commercial banks, Asset Management Corporation of Nigeria, AMCON, has dragged a Lagos businessman, Samuel Adenmosun, his wife.

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MD, 7 others dragged to court over N32bn debt. In a bid to recover a debt of N32 billion owed four commercial banks, Asset Management Corporation of Nigeria, AMCON, has dragged a Lagos businessman, Samuel Adenmosun, his wife, Toluleke Adenmosun and seven other limited liability companies before a Federal High Court in Lagos, Southwest Nigeria.

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