14 Deap Capital directors’ assets seized by AMCON over N1.6bn debt

AMCON

14 Deap Capital directors’ assets seized by AMCON over N1.6bn debt Following the ruling of Justice Chukwujekwu Aneke of the Federal High Court, Lagos, on January 18, 2021, the Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to 14 directors of Deap Capital Management and Trust Plc. over an indebtedness of N1.6 billion. In a statement, the corporation said it took effective possession of the seven properties as listed by the court through its debt recovery agent, Etonye & Etonye, on February 23. According to the statement,…

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