Zamfara Govt Receives N282.5 Million From Amcon - Governor Matawalle

16th August 2019

Governor Bello Matawalle of Zamfara on Friday received a draft cheque of N282.5 million from the Assets Management Corporation of Nigeria (AMCON) being excess money recovered from auction of the state government's properties. The News Agency of Nigeria (NAN) recalls that several state government's moveable properties were auctioned by AMCON at different times under the leadership of ex-governor Abdulaziz Yari. Yusuf Idris, the Director-General on Press Affairs to the state governor, made this known in a statement on Friday. He said that Mr Matawalle was presented with the cheque by AMCON's Intergovernmental Relations Officer, Saad Ahmed, in company of the corporation's head of legal department, Albert Nwanozie. He said the covering letter to the cheque dated August 16, 2019, read in part: "Re-Refunds of excess funds recovered following court judgement in AMCON VS BRIGHTWAY mining and minerals Ltd and 2 others- Suit No FHC/GS/CS/2014 forwarding of original drafts. "Please find attached the following twenty-nine (29) original drafts totalling 282, 525,547,38 in respect of refunds to Zamfara State Government on the settlement sum received in respect of liquidation of the debt of brightway mining and minerals Ltd to AMCON".