The Asset Management Cooperation of Nigeria (AMCON) this morning took over the assets of three companies belonging to the silverbird group. The AMCON alleged that the asset are being seized
following the failure of the calculator to settle the 11billion naira loan owned to Union bank but acquired by the cooperation.
In the meantime, the group vice president of silverbird group, senator Bruce has described the situation as a business arrangement gone sour and insist negotiations are on course and the property will soon be re installed
According to senator Bruce, he says they have come to a resolution while meeting with the AMCON and that the companies will be back to normal ensuring it wont happen again.
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