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AMCON SET TO TAKE OVER BEN BRUCE COMPANIES

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Unpaid Debt: AMCON set to take over Ben Murray-Bruce’s companies, assets June 23, 2016Musikilu Mojeed Excerpt there is a last-minutes change in plans, the Asset Management Corporation of Nigeria (AMCON) will on Thursday morning take over the assets of three companies belonging to politician Ben Murray-Bruce and his brothers. The assets are being seized following the failure of Senator Murray-Bruce and his brothers to settle an N11 billion loan owed Union Bank and acquired by AMCON. AMCON was established on July 9, 2010, as a key stabilizing and re-vitalizing tool for stabilising the nation’s financial system. Its enabling law empowers it to acquire non-performing loan assets of Nigerian banks at fair values and then put them to economic use in a profitable manner. Mr. Murray Bruce and his brothers, using their companies, had between 2005 and 2007 borrowed various sums of money from Union Bank. After they repeatedly defaulted in paying back, AMCON purchased the loan i...
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Don't Link Me To Arrested Kidnappers- Chief of Gassol

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•Re-Plot to Release Kidnappers Terrorizing Jalingo The Chief of Gassol Alhaji Idris Yakubu Chiroma has rejected plots to link him to some persons arrested for kidnapping in Jalingo Taraba State. A statement from the Gassol Royal Family signed by  Alhaji Gambo Yakubu Chiroma said no member of the family has approached the Police to seek bail for any kidnap kingpin in Taraba State According to Gambo, the Royal  family of Gassol is disassociating themselves from any criminal, “we have not engaged any lawyer nor discuss his bail with anyone whosoever, and the report insinuating that a Second Class Chief from Gassol is interested in the case should be completely disregarded.   “ We saw a report in Taraba Truth and Facts Newspaper  and we understand that there's a plot to link the highly respected Chief of Gassol His Highness  Alhaji Idris Yakubu Chiroma  to some arrested criminals because one among them is a distant relative to him,”  Gambo...
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Governor Yahaya gifts N2m, car to Gombe man who trekked for Buhari

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Gombe State Governor Muhammadu Inuwa Yahaya has presented N2 million and a car gift to a supporter of his All Progressive Congress (APC), who trekked from Gombe to Abuja to celebrate President Muhammadu Buhari’s victory in 2015general elections. The 50-year old native of Dukku Local Government Area (LGA) of the state, who was simply identified as Dahiru Buba had reportedly developed limb complications from the trekking. According to the governor in a statement issued by his media aide Ismaila Uba Misilli, the aid was to provide a new lease of life to the diehard supporter. He said: “For taking the pains and risks to show solidarity with Mr. President and our great party, people like Buba should not be neglected. By embarking on that solidarity trek, Dahiru Buba had shown patriotism and support, he should therefore be appreciated and encouraged”. Presenting the gifts to Buba a commercial driver on Monday in Abuja Governor Yahaya said: “So on learning about his condition, first I directe...
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