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  • Updated: February 25, 2020

AMCON Takes Over Buba Galadima's Company

AMCON Takes Over Buba Galadima's Company

 

The Asset Management Corporation of Nigeria (AMCON) has taken over the residence and company of Buba Galadima over debts up to the tune of N900 million.

AMCON's corporate communications head, Jude Nwauzor, made the disclosure via a statement on Tuesday.

According to Nwauzor, Galadima and his company, Bedko Nigeria Limited, owe AMCON nearly N900 million, which was purchased during the first phase of Eligible Bank Assets purchase from Unity Bank Plc in 2011.

Buba Galadima is a staunch critic of President Muhammadu Buhari.

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