By our reporter/ The Assets Management Corporation of Nigeria (AMCON) on Wednesday said it has taken over some houses belonging to former Governor Abdulfattah Ahmed of Kwara State over a N5 billion debt.
The property is located at No. 9A Abdulrazaq Street, GRA, Ilorin.
AMCON spokesman, Jude Nwazor who confirmed this in a statement, however, said the debt was a personal one by the former governor.
According to him, all efforts to peacefully resolve the loan had been frustrated by the former governor which left AMCON no other choice than to seek justice in court.
“AMCON had taken over the Non-Performing Loans of the former governor and his companies… from the former Intercontinental Bank, FinBank and Bank PHB during the first phase of EBA purchases, in line with its mandate under the AMCON Act, the statement read.
“All efforts to peacefully resolve the loan had been frustrated by the former Governor who remained recalcitrant, which left AMCON no other choice than to seek justice in court.”
Ahmed, who succeeded former Senate President Bukola Saraki, governed Kwara between 2011 and 2019.
Currently, he is not holding any political office.
But on Wednesday, he joined forces with some prominent Nigerians to establish a Third Force known as the Rescue Nigeria Project (RNP).
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