AMCON takes over OAS Helicopters

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*AMCON's seal on the premises of OAS Helicopters

Asset Management Corporation of Nigeria (AMCON) has today taken over the management of OAS Helicopters operating from Maryland, Lagos Nigeria.

News Gazette gathered that the takeover followed a court’s order.

As of the time of filing this report, there was a heavy presence of heavily-armed policemen guarding the premises while it was sealed off.

On the premises of OAS was this inscription: Possession taken today 14/2/17 BY AMCON BY COURT ORDER ON SUIT NO. FHC/4CS/1139/2016.

However, in an interview with News Gazette, a staff of AMCON who preferred anonymity said “OAS Helicopters is not in our port folio.”

We only took over the management of Arik Air because it is indebted to us. We don’t take over the management of any company that is not in our port folio,” he added.

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