AMCON Takes Over Kwara Properties Used As Collateral By Bukola Saraki To Fund Personal Company


Asset Management Corporation of Nigeria (AMCON) has took over Kwara State Government properties used by former Kwara State Governor, Bukola Saraki as collateral to borrow money for a private company otherwise known as Shonga Farms Holding Nigeria Limited.

It was gathered that some of the government properties were used to guarantee loans for private entities during his tenure as governor of the state. 

It is worthy to note that Kwara State government does not own any land nor equity shares in Shonga Farms.


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