The Chief Executive Officer of Assets Management Corporation of Nigeria, AMCON, Mr Mustapha Chike-Obi yesterday insisted that United States financial firm, Intangis Holdings has no deal with Mainstreet Bank
A United State, US court has summoned representatives of Asset Management Corporation of Nigeria, AMCON, a body set up to manage rescued banks in Nigeria, to appear before it in a dispute with U.S. financial firm, Intangis Holdings.
Intangis Holdings, an American financial and investment company filed the complaint for damages – tortuous interference with contract against AMCON – in the supreme court of the state of New York, alleging that AMCON ignored its right to buy one of the nationalised lenders.