WorldStage Newsonline– Asset Management Corporation of Nigeria (AMCON) has responded to a publication regarding a the pending litigation between it and Heyden Petroleum Limited, saying they had settled all issues between them amicably.
AMCON in a statement said Heyden Petroleum Limited had demonstrated commitment to meeting their obligations and had been making payments accordingly.
“Given this latest development, AMCON has formally discontinued its pending litigation against Heyden Petroleum Limited, particularly Suit No. FHC/AMC/67/2024,” the statement said.
“As a responsible debt recovery agency of the Federal Government of Nigeria, it is not the practice of AMCON to engage in a media trial of obligors who are meeting their obligation.
“Accordingly, the general public is urged to disregard any negative commentaries on the relationship between AMCON and Heyden Petroleum Limited.”
