Justice Mojisola Dada of the Lagos state Special Offences Court sitting in Ikeja has issued a bench warrant for former Managing director of asset management corporation of Nigeria (AMCON), Ahmed Kuru, over his failure to appear for his arraignment in an alleged N75.9bn fraud
The Economic and Financial Crimes Commission is prosecuting Mr kuru, and a former Receiver-Manager, Kamilu Omokhide who was appointed by AMCON, to manage the airline upon its takeover as a result of its multi-billion naira indebtedness to banks
Other defendants in the six-count charge are Captain Roy-Aptaib Roy Ilegbodu who is the current MD of Arik Air, as well as Union Bank PLC and another company, Super Bravo Limited.
A fresh arraignment date has now been issued for Jan 20 for all the defendants to be arraigned.
The complainants in the matter are the founder of Arik, Johnson Arumemi and its shareholders.
The petition was signed on their behalf, by their lawyer, Senior Advocate of Nigeria, Femi Falana.
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