LAGOS — Shareholders of Arik Air have protested the dismantling and sale of one of the airline's Boeing 737-700 aircraft by its receiver, appointed by the Asset Management Corporation of Nigeria. A representative of the airline in receivership told ThisDay that Access Bank, which held security over the aircraft, had completed the sale. In a letter to the receiver signed by founder Johnson Arumemi-Ikhide, the shareholders said the aircraft had been fully paid for.
Arik Air Shareholders Protest Sale of Aircraft by AMCON
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