The Asset Management Corporation of Nigeria (AMCON) on Thursday presented what it described as the ‘correct account’ in the case between the corporation and Senator Ifeanyi Ubah over alleged N135 billion bad debt.
Ubah claimed that AMCON embarrassed him over the alleged debt.
However, in a statement sent to The Nation from AMCON Corporate Communications Department, the agency said it will not join issues obligors on the pages of newspapers, saying it felt compelled to put the records straight.
AMCON added that it has taken all necessary steps to ensure that the debt matter between the Senator and the Corporation is resolved amicably, but the negotiations were allegedly frustrated by the obligor.
The statement explained that the Federal Government and AMCON did not humiliate Senator Ifeanyi Ubah in respect of any charge against him.