Management of Dansa Foods
Processing Company Limited, on Monday vehemently denied owing Asset Management
Corporation of Nigeria (AMCON), to the tune of N400 million. The company,
through a release made available confirmed a business relationship with the
defunct Intercontinental Bank and the only facility the company once had with
the bank was fully paid since August 2008.
A senior official of the company
said: “We wish also to note that Dansa Foods Processing Company Limited and
Dansa Foods Limited are totally two separate companies with different lines of
businesses and operate from different locations. Dansa Foods Limited has no
case of indebtedness with AMCON and its in operations.”
The management of Dansa Foods
Processing Company Limited met with AMCON recently and informed them that the
alleged debt they bought from former Intercontinental Bank never existed.
The management of the company presented the statement of its bank account to
AMCON as a proof of its case. In a letter to the Asset Management
Corporation of Nigeria (AMCON), Dansa Foods Processing Company Limited
similarly expressed surprise by the claim of the indebtedness since it has paid
off the said loan since August 26, 2008 leaving a credit balance in its
account.
Following the said meeting with
AMCON, the Corporation has now agreed to carry out further and thorough
investigation on the alleged indebtedness and it is hoped that the outcome of
the investigation will bring the matter to a close.
The management of Dansa Foods
Processing Company Limited is therefore assuring its customers and other
stakeholders that there is no issue as the matter is under control and will
soon be rectified amicably.
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