EFCC Arraigns Former AMCON MD, Others Over ₦76 Billion, $31.5 Million Fraud

The Economic and Financial Crimes Commission (EFCC), on Monday, January 20, 2025, arraigned a former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru and four others before a court for allegedly defrauding Arik Airline ₦76 billion and $31.5 million, respectively.

Naija News reports others arraigned along with Kuru are former Receiver Manager of Arik Airline Ltd, Kamilu Omokide, Chief Executive Officer of the airline, Captain Roy Ilegbodu, Super Bravo Ltd and Union Bank PLC.

They were arraigned before Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, on a six-count charge bordering on theft, abuse of office and stealing by dishonestly taking the property of another.

They pleaded not guilty when the charges were read to them.

After listening to the arguments from all the parties, Justice Dada granted bail to the defendants in the sum of ₦20 million Naira each with two sureties in like sum. The sureties must be gainfully employed and deposed to means of identification.

She also directed that the defendants must submit their international passports to the registrar of the court.

Justice Dada adjourned the matter till March 17, 18, and 19, 2025, for commencement of trial.

In other news, the Economic and Financial Crimes Commission (EFCC) has condemned the wrong narratives in some quarters regarding the death of its officer, Aminu Sahabi Salisu, who was killed recently by a fraudster.

The EFCC, while confirming the killing of its officer, condemned what it described as irresponsible, callous, inhuman and outrageous narratives being circulated on social media regarding the operative’s death.

According to a statement on Sunday by the EFCC Head of Media and Publicity, Dele Oyewale, the late Salihu was killed while on legal duty.

It would be recalled that Naija News previously reported the attack on some EFCC officials in Anambra State.

In an official reaction to the incident, EFCC on Sunday said its operatives had gone to the house of some suspected fraudsters on legitimate duty when they were attacked.

The anti-graft agency also narrated how its operative was killed, noting that one of the suspects, Joshua Chukwubueze Ikechukwu, after sighting the officials through a CCTV Camera mounted at his doorpost, refused to grant them entrance and eventually resorted to shooting the officials, killing Salihu in the process.