Aviation Featured Transport

Aero denies reports of $3m diversion in collusion with AMCON

Management of Aero Contractors have denied any fund diversion to the tune of $3million belonging to the airline and the Asset Management Corporation of Nigeria (AMCON) meant for the acquisition of a Bombardier aircraft for Aero Contractors Limited.

The airline which suspended it’s scheduled operations last week citing harsh operating environment reacted to the reports which was on a national daily stating that it was concocted to smear both the aero and AMCON.

Aero accused one Engineer Femi Adeniji of spewing untruths in a bid to malign both Aero Contractors and AMCON as he had tried to get AMCON to approve him managing the airline to no avail.

The statement read, “The airline in a statement said,” Contrary to the news published by Daily Independent Newspaper on Monday July 25, 2022, Aero Contractors, and the Asset Management Corporation of Nigeria (AMCON), is totally unaware of the diversion of any $3million belonging to both or either organisation meant for the acquisition of a Bombardier aircraft for Aero Contractors Limited, talk less of a refund by Bombardier, a reputable aircraft manufacturer still in existence.“In the said Daily Independent publication, one Femi Adeniji who claimed to be an Engineer and CEO of NIGAME Aircraft Consultancy Incorporation in faraway Florida, United States of America made the spurious claim in an interview with the newspaper. The allegations he spewed in the interview is one of those desperate but futile efforts to malign Aero Contractors and AMCON that is saddled with the difficult national assignment of recovering debts from stubborn, and recalcitrant obligors.

“Reading deeper into the story however, it is obvious that the so-called Engineer Femi Adeniji is out for vengeance having owned up in the same Daily Independent story that he and his partners had approached AMCON sometime in 2018 with a proposal to manage the airline but did not get the business. This approach of trying to get back at AMCON for not getting a business is rather unfortunate, and unprofessional to say the least.

“The public should therefore disregard this deceptive news item, the basis of which is totally unknown to us, which is entirely created from the imagination of Adeniji but mischievously scripted by Daily Independent reporter to give Aero Contractors and AMCON a bad name as well as mislead the reading public.

Related posts

N1.64tn crude oil swapped for petrol in eight months – NNPC

Our Reporter

Oil drops more than 1% on concern over U.S.-China trade war

By Abisola THOMPSON

Nigeria to benefit from G20 Summit’s outcome

Editor

Admitting new entrants into Nigeria’s tier-1 banks

Our Reporter

DPR set for Nigeria gas flare commercialisation bidders conference

Abisola THOMPSON 

FG recovers N53.5bn out of N5.2trn from MDAs’ debt — Minister

Our Reporter