Former AMCON MD Wanted! Court Issues Arrest Over N80bn Fraud
The Lagos state special offence court in Ikeja, on Tuesday issued a stem warrant against the former Managing Director of the Asset Management Corporation of Nigeria, Mr Ahmed Kuru, over an alleged N76bn and $31.5m fraud.
Chief Justics Mojisola Dada ordered Kuru’s arrest for failing to appear before the court for his arraignment by the Economic and Financial Crimes Commission. The court scheduled tuesday for him to be arraign along with the Managing Director of Arik Air, Captain Roy Ilegbodu, the receiver manager of Arik, Kamilu Omokide, Union Bank Plc, and a company, Super Bravo Limited, for alleged N76bn and $31.5m fraud.
They both face a six count charge boarding on false statement, fraudulent conversion, abuse of office, stealing and bein dishonest conversion of property. The case was adjourned stating that Kuru was on his way to court.However, as the judge was about to adjourn the case, she was informed that Kuru was on his way to court. So, she stood the case down for a while.
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