FG directs EFCC, ICPC, NFIU to go after AMCON’s top 20 debtors

The federal government has set up a task force to monitor the top 20 debtors on the list of the Asset Management Corporation of Nigeria (AMCON) and has asked the EFCC and ICPC to go after them and recover the N5 trillion debt owed by the debtors.

Vice president Yemi Osinbajo who made the revelation in a statement released by his spokesman, Laolu Akande, on Tuesday.

Other agencies tasked to go after the debtors are the Nigerian Financial Intelligence Unit (NFIU), the Independent Corrupt Practices Commission (ICPC) and the permanent secretaries of the justice and transport ministries.

According to the statement, Osinbajo told the agencies to re-strategise to achieve the desired results a meeting at the Presidential Villa in Abuja.

Osinbajo was quoted to have said, “The key is collaboration. We need a small team comprising these agencies to look at the next steps that we need to take, especially the criminal aspect, forfeiture, and all of that.”

Some of the stakeholders present at the meeting were Ibrahim Magu, the acting chairman of the EFCC; Bolaji Owasanoye ICPC chairman; Modibbo Tukur, NFIU director; Sabiu Zakari, permanent secretary at the ministry of transportation.

Muiz Banire, AMCON chairman, had earlier revealed that 67% of the N5 trillion debt is owed by the top 20 debtors.

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