Alleged ₦76bn, $31.5m Fraud: Court adjourns Kuru, former AMCON MD, others’ trial till July

Alleged ₦76bn, $31.5m Fraud: Court adjourns Kuru, former AMCON MD, others’ trial till July

The trial of Mallam Ahmed Kuru, a former Managing Director of Assets Management Corporation of Nigeria, AMCON, alongside four others, over alleged N76bn and $31.5m fraud, has been adjourned till July 1, 2025 for further hearing.

According to the Economic and Financial Crimes Commission (EFCC): “Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, June 30, 2025, adjourned till July 1, 2025 further hearing in the trial of Mallam Ahmed Kuru, a former Managing Director of Assets Management Corporation of Nigeria, AMCON, and four others, over alleged N76bn and $31.5m fraud.

“Kuru, alongside Capt. Roy Ilegbodu, Managing Director of Arik Air, Kamilu Omokide, Receiver Manager of Arik Air, Union Bank Nigeria Plc and Super Bravo Limited is facing trial on a six-count charge bordering on conspiracy, stealing, and abuse of office to the tune of N75bn and $31.5m fraud.”

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