NIGERIA: Arik Air Vows to Challenge Its Take-Over By FG

Arik Air has reacted and Vowed to Challenge the Take Over by AMCON.
Arik Air

Arik Air has announced that it would challenge its take-over by the Assets Management Company of Nigeria (AMCON).
Arik Air Senior Vice President Ado Sanusi, in a press conference with the newly appointed receiver manager, Oluseye Opasanya, and the airline’s technical consultant, Roy Ilegbodu, 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 the 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.
He added that while the legal battle would be on one front, the parties had agreed that Arik Air would continue to run without any disruption

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