Business Briefs
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THE Asset Management Corporation of Nigeria, AMCON has dismissed media reports that it is being teleguided by the presidency. A statement made available to Realnews on Wednesday, August 17, by the AMCON said it’s attention has been drawn to a story in an online publication purporting that the Asset Management Corporation of Nigeria is being influenced to make business decisions by the Presidency.
“The said letter, which the story brandished, is routine correspondence between the office of Chief of Staff to the President and relevant Ministries, Departments and Agencies (MDAs) of government including 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, ” it said.
— Aug 17, 2016 @ 18:40 GMT
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