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

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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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