AMCON Says not Influenced by Presidency

Ahmed Kuru6

August 17, 2016/AMCON

Our attention has been drawn to a story in anonlinepublication purporting that the Asset Management Corporation of Nigeria (AMCON) is being influencedto make business decisions by the Presidency.

The said letter, which the story brandished, is routine correspondence between theoffice of Chief of Staff to the President and relevant Ministries, Departments and Agencies (MDAs) of governmentincluding AMCON to seek clarifications and enable briefings to Mr. President on issues considered as having strategic national importance.

There is nothing in the contents of all our correspondences to suggest an influence on AMCON in its business decisions or translate to prospecting business on behalf of any individual, group or organisation as the earlier correspondence on the subject matter clearly required AMCON to exercise due care in the overall interest of the Federal Republic of Nigeria.

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