Arik Archives -

Alleged N76bn Arik Fraud: EFCC Alleges Misleading Media Reports

Kingsley Chukwu3 weeks ago06 mins

Counsel to the Economic and Financial Crimes Commission (EFCC), Dr Wahab Shittu (SAN), on Tuesday alleged misleading media reports of the fraud trial of a former Managing Director of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and four others. Kuru and the others are charged with fraud and theft to the tune of N76…

Alleged N76bn Fraud: Arik Debt Classified As Non-performing – Witness

Kingsley Chukwu3 weeks ago3 weeks ago05 mins

A former Executive Director of Credits at the Asset Management Corporation of Nigeria (AMCON), Mr Muhammed Jega, told an Ikeja Special Offences Court that Arik’s debt fell under the category of non-performing loans. Jega stated this while being cross-examined at the ongoing trial of former AMCON Managing Director, Ahmed Kuru, and four others charged with…