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Breaking! Heavily Armed Policemen Besiege Arik Air As Government Takes Over Troubled Airline

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The crisis rocking West African largest carrier, Arik Air reached its peak moments ago as men of the
Nigerian Police took over the headquarters of the troubled airline.

While no official statement has been made, BlackBox Nigeria authoritatively gathered that the close down was authorized by the Asset Management Corporation of Nigeria.

This is an aftermath of the earlier arrest of the airline’s chairman on Wednesday.

BBN further gathered that Arik Air is owing AMCON to the tune of N139Billion which has now made the Federal Government’s agency to take over the airline.

An inside source in AMCON disclosed to BBN that top management staff of the airline have been apprehended while there are strategies on how to effectively continue operations of the airline.

More details soon…

A Learner

2 Comments

  1. Pingback: Like Silverbird, AMCON Takes Over Arik Air Over Indebtedness - Blackbox Nigeria

  2. Pingback: Again! AMCON Takes Over Yet Another Indebted Airline - Blackbox Nigeria

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