The Assets Management Corporation of Nigeria (AMCON) says the Economic and Financial Crimes Commission (EFCC)said remitted N1, 667, 582, 605.04 to its Central Bank of Nigeria (CBN) account between 2017 and July 5, 2021.
The agency said remittances represented loan repayments recovered, which were credited to its CBN account for the settlement of bond obligations.
AMCON Managing Director, Ahmed Lawan Kuru, disclosed this on Tuesday in a letter presented to the House of Representatives Ad-Hoc Committee on Assessment and Status of All Recovered Loots during an investigative hearing on Tuesday.
The committee was led by Hon. Adeogun Adejoro.
In the letter co-signed with the Group Head, Enforcement, Joshua Ikioda, AMCON indicated that remittances to the Corporation in 2017 amounted to N1, 178, 764, 500 for the credit of nine debtors.
It said it received N356, 318, 105.08 on 21st September 2020 on account of seven debtors, for recoveries made in 2019.
AMCON said it received a letter dated 17th December 2019 from the EFCC forwarding promissory notes on account of four debtors to the tune of N1, 194, 778, 813.
The Corporation said however, the notes were returned to the EFCC through a letter dated 28th October 2019 as they were made out by the Debt Management Office.
The letter pointed out that the schedule forwarded to the Corporation by the Committee indicated remittances by EFCC of the sum of 87, 495, 087.50 in 2020.
However, the agency said it is yet to receive the quoted amount as it might be collections yet to be released to the Corporation.
