EFCC Arraigns Ex-AMCON MD Over Alleged Theft of Arik Air’s Properties
Samuel Mobolaji
The Economic and Financial Crimes Commission (EFCC), has arraigned the former Managing Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, on a six-count charge bordering on alleged theft of properties belonging to Arik Air and abuse of office.
Kuru and four other defendants were standing trial for alleged Arik Airline N76bn and $31.5m fraud.
Justice Mojisola Dada of an Ikeja Special Offences Court, on Monday, granted N20m, bail to the former Managing Director of AMCON.
Other defendants in the trial are the former Receiver Manager of Arik Airline Ltd, Kamilu Omokide, Chief Executive Officer of the airline, Captain Roy Ilegbodu, Union Bank and Super Bravo Ltd.
Justice Dada granted the defendants bail in the sum of N20m, with one surety each after taking arguments for bail by their respective lawyers.
Detail later…
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