The Asset Management Corporation of Nigeria (AMCON) , on Friday, took over the assets of Afrijet Airlines Ltd. owned by Vitalis Ibe , over an unpaid debt of almost N10 billion. This is contained in a statement issued by Jude Nwauzor , Head, Corporate Communications, AMCON, which was obtained by the News Agency of Nigeria (NAN), in Lagos. The statement said the takeover was based on an interim injunction granted against the airline by J ustice Chuka Obiozor of the Federal High Court, Lagos Division. It said, “the obligor owes AMCON nearly N10 billion. AMCON purchased the Eligible Bank Assets (EBAs), sometime in 2011 from the defunct FinBank and Bank PHB . The order also affects Ibe’s Continental Aviation Services Ltd., AMCON has since appointed Professor Gbolahan Elias (SAN), as Receiver/Manager. “ The statement also said the receiver/manager at about 11AM on Friday simultaneously took possession of the assets of Ibe including Afrijet Plaza , the corporate head offi