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Crime and Investigation

EFCC arraigns former AMCON MD, Ahmed Kuru, 4 others for 76bn, $31.5m fraud

James Moses
Last updated: January 20, 2025 6:26 pm
By James Moses - James Moses
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1737383600620

The Economic and Financial Crimes Commission, EFCC, has arraigned a former Managing Director of Assets Management Corporation of Nigeria, AMCON, Ahmed Kuru and four others for allegedly defrauding Arik Airline Limited, Kamilu Omokide, Chief Executive Officer of the Airline, Captain Roy Ilegbodu, Union Bank Limited and a company, Super Bravo Limited, which is named as the fifth defendant.

Union Bank was charged with one count of making false statements to public officers while the other four defendants were arraigned on five-count charge bordering on theft, abuse of office, and stealing by dishonesty taking the property of another.

The defendants, however, pleaded not guilty at the arraignment.

-9News Nigeria.

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ByJames Moses
James Moses
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James Moses is a 9News Nigeria news correspondent reporting from Jos, Plateau State. He is an experienced writer, journalist and blogger. He is passionate and flair for Politics, Sports and Entertainment reporting.
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