Topic: AMCON Takes over Pan Ocean’s Assets over N240bn Debt  (Read 944 times)

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AMCON Takes over Pan Ocean’s Assets over N240bn Debt
« on: July 04, 2020, 07:05:19 AM »
AMCON Takes over Pan Ocean’s Assets over N240bn Debt

Dike Onwuamaeze The Asset Management Corporation of Nigeria (AMCON) has taken over all assets belonging to Pan Ocean Group and its subsidiaries. A statement Thursday from AMCON said the takeover followed the order of Justice A.M. Liman of the Federal High Court. Pan Ocean Group is promoted by Dr. Festus Fadeyi, a Lagos-based oil and […]


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Source: AMCON Takes over Pan Ocean’s Assets over N240bn Debt

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