N50bn debt amcon takes jimoh ibrahims firms bank accounts frozen
It appears that AMCON (Asset Management Corporation of Nigeria) has taken possession of Jimoh Ibrahim's firms and frozen their bank accounts due to a debt of N50 billion.
Here's a brief summary of the situation:
- Jimoh Ibrahim, a Nigerian businessman, is the founder of Global Fleet Resources Limited, a company that has been embroiled in a debt crisis.
- AMCON, a government-owned agency, has been trying to recover debts owed to it by various companies, including Global Fleet Resources.
- According to reports, Global Fleet Resources owes AMCON a debt of N50 billion, which is a significant amount.
- As a result, AMCON has taken possession of the company's assets, including its bank accounts, in an effort to recover the debt.
- The bank accounts of Jimoh Ibrahim's other companies, including his personal account, have also been frozen as part of the recovery process.
This development is likely to have significant implications for Jimoh Ibrahim and his companies, as well as for the employees and stakeholders who are affected by the debt crisis.