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N240bn debt: Pan Ocean condemns AMCON’s ‘illegal takeover’ of assets

Indigenous oil firm Pan Ocean Oil (Nigeria) Limited has expressed dismay over what it termed the “illegal takeover” of its premises by persons purported to be representatives of the Asset Management Corporation of Nigeria (AMCON).   According to a statement from Pan Ocean, “On July 2nd, 2020, a team led by Kunle Ogunba (SAN) disrupted…

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