The shareholders added: “It is the height of dishonesty that Mr. Nwauzor failed to mention that under the Arik Air receivership by AMCON the followings occurred, one Boeing 737-800NG aircraft ...
A Nigerian court has delivered its ruling, allowing the repossession of Arik Air's aircraft. The Federal High Court made the landmark ruling, allowing Export Development Canada (EDC) to repossess ...
The court’s judgment further stated that the exhibit presented to the EFCC to investigate by the owners of Arik Air did not cover ... $31,000,000.00 and Boeing 737-700 with the MSN number ...
Asset Management Corporation of Nigeria, AMCON, Friday, refuted claims that a domestic carrier, Arik Air Limited, did not default in servicing its obligations to aircraft suppliers and trade ...
Almost eight years after the takeover of Arik Air from its shareholders by the Asset Management Corporation of Nigeria (AMCON), both parties are still bickering over the action. The shareholders of ...