Wednesday 15 February 2017

AMCON takes over OAS helicopters

The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services, known more as OAS Helicopters in Lagos following a court order.
OAS is one of the leading helicopter chatter service companies in the country.
AMCON had on Tuesday sealed the company at Maryland in Lagos, indicating that the company had been taken over by AMCON.

The order on the company’s office reads: “POSSESSION TAKEN TODAY 14/2/17 BY AMCON COURT ORDER ON SUIT NO. FHC/4CS/1139/2016
The company was among the airlines that received the Federal Government intervention fund during the tenure of President Goodluck Jonathan.

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