‘AMCON Killed AERO Contractors’

A senior management staff of Aero Contractors has alleged that the Asset Management Corporation of Nigeria [AMCON] was the brain behind the recent indefinite suspension of scheduled air services by Aero Contractors, the nation’s second largest airline.

The official alleged that the management of AMCON connives with the former management of Aero to siphon vital revenue from the airline, making it difficult for Aero to meet basic day-to-day operational needs.

The Aero top management staff told Business Journal: “If you want to know what happened to Aero, go to AMCON because the AMCON people were working with former management of Aero to siphon funds meant for the running of the airline. It is an open secret at the airline but nobody could speak up to avoid being sacked. Buhari cannot be fighting corruption without looking at AMCON. They are more corrupt than the politicians the EFCC is running after. I can tell you clearly that AMCON killed Aero Contractors.”

Business Journal made spirited efforts to reach Mr. Jude Nwauzor, Head of Corporate Communication at AMCON for clarification on the allegation. He did not respond to phone calls and SMS sent to his phone line.

spot_img
spot_img
spot_img
spot_img

Hot this week

Rethinking How Nigeria Supports SME Growth

  By Olajumoke Bello Head, Enterprise Banking Stanbic IBTC Bank Across Nigeria, small...

Customers Applaud Mutual Benefits as Insurer Pays Over ₦3.9bn in Claims

Mutual Benefits Assurance Plc has reaffirmed its unwavering commitment...

FG: Local Content Must Create Value for Nigerians

By Olu Verheijen For twenty-five years, NOG Energy Week has...

NAICOM Boss, Segun Omosehin, Extols Yetunde Ilori’s Leadership at CIIN, Reaffirms Commitment to Institute

L-R: Mr. Ekerete Ola Gam-Ikon, Deputy Commissioner, Finance and...

NAICOM Holds One-Day Training for Police Officers on Compliance with Compulsory Insurance Policies

The National Insurance Commission (NAICOM) has organised a one-day...

Topics

9mobile Names Dorothy Tunde-Ajala as Chief HR Officer

In a move that strengthens its senior leadership team...

SPECIAL INVITATION to Business Journal Public Presentation Tomorrow!

The Board, Management & Staff of Business Journal (online-magazine-newspaper)...

Nigeria Seeking $11bn World Bank Loan

Nigeria is holding talks with the World Bank to...

Cairo Ojougboh Foundation Back Govt’s Education Development Drive

L-R: Son of the late Dr. Cairo Ojougboh, Mr....

AFRICA TELECOM & IT Loses Director, Monique Butt

The Board, Management and Staff of Telecom and IT...

Time to Harness Artificial Intelligence

The face-off between man and technology has lasted through-out...

NPA MD Seeks Greater Support from Stakeholders on Port Access

Hadiza Bala Usman, Managing Director, Nigerian Ports Authority (NPA)...
spot_img

Related Articles

Popular Categories

spot_imgspot_img