Thursday, June 24, 2021

Arik Air vows to challenge AMCON takeover

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Jaafar Jaafarhttps://dailynigerian.com/
Jaafar Jaafar is a graduate of Mass Communication from Bayero University, Kano. He was a reporter at Daily Trust, an assistant editor at Premium Times and now the editor-in-chief of Daily Nigerian.
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The management of Arik Air has expressed resolve to challenge the takeover of the airline by the Assets Management Company of Nigeria, AMCON, in court.

The senior vice president of the airline, Ado Sanusi, made the disclosure at a joint news conference with the newly appointed receiver manager, Oluseye Opasanya, and the airline’s technical consultant, Roy Ilegbodu.

AMCON had on Thursday taken over the airline, following its huge indebtedness to local and foreign creditors.

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On Tuesday, 19 foreign pilots of the airline filed a case in a UK court over non-payment of salaries to the tune of $600,000.

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Mr Sanusi said the airline had been served with a valid court order empowering AMCON to take over the company.

“As responsible citizens, we have obeyed the court order which appointed Olaniwun Ajayi (SAN) as the receivership manager.

“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,” Mr Sanusi said.

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According to him, while they challenge the order, the parties had agreed that Arik Air would continue to run without any disruption.

See also  AMCON injects N1.5bn in Arik

 

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