Arik Air Shareholders Tackle AMCON Over N455bn Debt Claim

Arik Air shareholders have rejected claims by the Asset Management Corporation of Nigeria (AMCON) that the airline’s founder, Johnson Arumemi-Ikhide, owes N455 billion. In a statement signed by their representative, Godwin Aideloje, the shareholders labeled AMCON’s debt figures as false and misleading. Earlier, AMCON’s Head of Corporate Communications, Jude Nwauzor, stated that as of December […]

Arik Air Founder, Firms Owe AMCON N455bn Debt

newsextra.com.ng - 21/Jan 11:54

The Asset Management Company Of Nigeria (AMCON), has said, the owner of Arik Air, Sir Johnson Arumem-Ikhide, is owing the company over N455.17billion....

AMCON pursues debt recovery, plans Arik Air liquidation

ch aviation.com - 31/Jan 12:27

Nigeria's state-owned Asset Management Company (AMCON) is determined to recover debts of NGN228 billion naira (USD149 million) from

‘N76bn Fraud’: Ex-AMCON MD Kuru, Others Get N20m Bail

theparadise.ng - 20/Jan 15:35

A Special Offences Court sitting in Ikeja, Lagos, has granted N20m bail to the former Managing Director of the Assets Management Corporation of...

Court grants N20m bail to Kuru, former MD of AMCON, four others for alleged fraud of N76b, $31.5m involving Arik Air

nigerianfranknewsng.com - 20/Jan 15:22

An Ikeja Special Offences Court on Monday granted N20 million bail to Ahmed Kuru, former Managing Director of Assets Management Corporation of Nigeria...

EFCC Arraigns Ex-AMCON MD, Ahmed Kuru, 4 Others For 76bn, $31.5m Fraud

businesstodayng.com - 20/Jan 13:50

The Economic and Financial Crimes Commission (EFCC), on Monday, arraigned the former Managing Director of the Asset Management Corporation of...

Ex-AMCON Boss, Ahmed Kuru, Faces Trial For Alleged N76bn, $31.5m Fraud

newsextra.com.ng - 20/Jan 18:10

The Economic and Financial Crimes Commission (EFCC), on Monday, January 20, 2025 arraigned a former Managing Director of the Asset Management...

Breaking: Alleged Arik N76bn fraud: Court grants ex-AMCON MD Kuru, others N20m bail

notchnewsonline.com.ng - 20/Jan 12:16

An Ikeja Special Offences Court on Monday granted N20 million bail to former Managing Director of Assets Management Corporation of Nigeria...

EFCC Arraigns Ex-AMCON MD, Ahmed Kuru, 4 Others in Lagos Over Alleged 76bn, $31.5m Fraud

globalupfront.com - 21/Jan 04:54

The Economic and Financial Crimes Commission (EFCC) on Monday, 20 January, 2025 arraigned former Managing Director of Assets Management Corporation of...

EFCC Arraigns Former AMCON MD, Kuru, Others Over Alleged N76b Fraud

transportday.com.ng - 21/Jan 07:09

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Managing Director of Assets Management Corporation of Nigeria (AMCON) Ahmed...

Alleged ₦76Billion Fraud: Court Grants Bail Ex-AMCON MD Kuru, Others N20Million Bail

nporeports.com - 20/Jan 13:31

Safiu Kehinde An Ikeja Special Offences Court has, on Monday granted bail of ₦20 million to former Managing Director of the Assets Management...

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