an Arik Air Boeing 737-7GL aircraft, registration 5N-MJF, operating a scheduled domestic flight from Lagos to Port Harcourt on Wednesday experienced an in-flight engine anomaly and diverted safely to Benin Airport. The Nigerian Safety Investigation Bureau (NSIB) made this known in a statement in Abuja, signed by Mrs Bimbo Oladeji, NSIB Director, Public Affairs and…
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…
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…
