By Baron Ike
The Assets Management Corporation of Nigeria (AMCON) has unveiled the names of individuals and organisations owing over N5trillion to different banks.
Vice President Yemi Osinbajo, during a meeting with board members and management of AMCON and selected heads of government agencies, at the Presidential Villa, Abuja, indicated that the names would be released soon.
Muiz Banire, AMCON chairman, at the meeting, said the top 20 debtors owe 67 per cent of the N5 trillion debt.
Osinbajo spoke as part of the government renewed effort to ensure the effective recovery of the said loans being outstanding debts.
The Economic and Financial Crimes Commission (EFCC), Nigerian Financial Intelligence Unit (NFIU), the Independent Corrupt Practices Commission (ICPC) and the permanent secretaries of the justice and transport ministries have been urged to recover the debts.
The list so far released by the corporation have the following names, companies, and amount as shown below:
1. Capital Oil & Gas Industries Limited, Ifeanyi Ubah
115,952,152,265.92
2. NICON Investments Limited, Jimoh Ibrahim
59,544,633,980.31
3. Bi-Courtney Limited (MMA2), Wale Babalakin (SAN)
40,798,422,374.02
4. Josepdam & Sons Limited Late Mrs. Josephine Damilola Kuteyi, Saheed Kuteyi, Ganiyu Kuteyi
39,056,674,951.55
5. Tinapa Business Resort, Cross River State Government
36,006,319,844.68
6. Home Trust Savings, Chukwukadibia Ajaegbu, Funmi Ademosun
30,626,243,344.71
7. Geometric Power Limite, Prof. Barth Nnaji Nnaji Agatha, Obibuaru Eluma, Anike Paul, Nwobodo Benjamin Chukwuemeka, Dozie Chijioke, Akpe Austine, Nnaji Okechukwu, UBA Trustees Limited, Kunoch Limited, Diamond Capital & Financial Market Limited
29,844,500,896.77
8. Roygate Properties Limited, Wale Babalakin (SAN), Agumadu John, Alarape Olabode, Okhaleke Ndudi
28,137,176,532.32
9. Shell Development Petroleum Company – West Multipurpose Co-operative Society Limited (SPDC) Shell Staff, represented by Ikponmwosa Ogiemuda
26,474,541,188.17
10. Anyiam Osigwe Limited, Anyiam-Osigwe, Dorothy Chinyere
20,523,322,350.29
11. Platinum Capital, Obire Richard, Francis Atuche
20,378,820,507.19
12. Flotsome Investment Limited, Oboden Ibru, Tejiro Ibru
20,218,703,550.96
13. Lonestar Drilling, Late Chief Idisi, Margaret Idisi
20,207,979,803.22
14. Petrologistics Limited, Ugoji Egbujo
19,576,962,565.35
15. Lorna Global Resources, H.E. Chimaroke Nnamami
18,919,109,352.85
16. Hosanna Properties Limited, Anionye Chika, Obi Ike C.
18,059,895,396.27
17. Minaj Holdings Limited, Ajegbo Mike NnayeluchudihuLuke Chidi, ChudihuiloguMiller Gregrey, Ethridge Kyle, Attueyi Joe, Oladele Afolabi, Okpere Kisito, Kokoricha Paul
17,306,900,257.66
18. Afrijet Airlines Limited, Inoelle Willam, BarryCarr Collin
13,122,022,439.57
19. Petroleum Brokers Limited, Wilcox Awopuolagha
13,076,314,937.26
20. Hotel De Island; Kasmal Properties; Island Autos & Nacoil, Kashamu Prince Buruji
13,015,595,907.67
Almost all the persons and companies named are contesting the indebtedness in court with AMCON.