Arik to AMCON: Wait And See We’ll challenge you in the highest court of the Land

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Arik to AMCON: We’ll challenge you in the highest court of the land



The management of Arik Air on Thursday said it would challenge the taking over of the airline by the Assets Management Company of Nigeria (AMCON) in court.
Ado Sanusi, senior vice-president, Arik Air, made the disclosure at a joint news briefing with Oluseye Opasanya (SAN), the receiver manager, and Roy Ilegbodu, airline’s technical consultant.
AMCON had taken over the airline following the huge indebtedness of the company to both local and foreign creditors.


However, Sanusi said management of the airline had been served with a valid court order empowering AMCON to take over the affairs of the airline.
“As responsible citizens, we have obeyed the court order which appointed Oluseye Opasanya as the receivership manager,” he said.
“We will comply but I want to make it clear that we have a right to challenge the court order.
“In the coming days, we will make our position known. It is a court order and we can challenge it and we will challenge it to the highest court of authority.”
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