Arik Air Founder, Firms Owe AMCON N455bn Debt

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. Speaking over the weekend, the Head of Corporate Communications Department of AMCON, Jude Nwauzor, said as at December 31st, 2024, Arik Air owed AMCON N227,637,469,394.34 billion; Rockson Engineering, N163,502,837, 397.75 billion, while […]

Arik Air Shareholders Tackle AMCON Over N455bn Debt Claim

kanyidaily.com - 20/Jan 09:03

Arik Air shareholders have rejected claims by the Asset Management Corporation of Nigeria (AMCON) that the airline’s founder, Johnson...

As Arik, Associated Companies Debts Hit N455b, AMCON Vows To Fully Recover Outstandings

transportday.com.ng - 20/Jan 08:06

The Asset Management Corporation of Nigeria (AMCON), has revealed that the combined indebtedness of Arik Air, as well as other companies promoted by...

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

Arik Air Shareholders Dispute AMCON’s Debt Claim of N227.6 Billion

arise.tv - 19/Jan 06:38

Arik Air shareholders have refuted AMCON's debt claim, accusing the corporation of disinformation and mismanagement of the airline's assets.

‘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...

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...

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 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...

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...

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