5 results
- 4 Jun 2025
Abbas Jega, Ex-AMCON ED, Testifies, Says Arik Never Cooperated With AMCON
A former Executive Director at Asset Management Corporation of Nigeria (AMCON), Abbas Muhammed Jega, has shed light on the financial dealings between Arik Air and Union Bank, revealing that the…
- 19 Mar 2025
Court Rejects EFCC’s Document in N76 Billion Arik Air Fraud Trial
Justice Mojisola Dada of the Lagos Special Offences Court, Ikeja, has rejected a document presented by the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of a former Managing…
- 28 May 2025
EFCC Witness Admits Writing Off Arik Air’s $2.3M Debt Amid N76Bn Fraud Trial
A former Group Executive Director of Union Bank PLC, Mr. Austine Obigwe, on Wednesday testified before the Lagos State Special Offences Court sitting in Ikeja, detailing how he wrote off a $2.3…
- 15 Oct 2025
EFCC Witness Admits Arik Air Had N71Bn Bad Loan Before AMCON Takeover
A prosecution witness in the ongoing criminal trial involving the Economic and Financial Crimes Commission (EFCC) and former AMCON Managing Director, Mr Ahmed Kuru, has admitted that Arik Air Limited…
- 8 Dec 2025
EFCC Arik Case: Witness Testifies on Receiver Manager Nominee’s Role in NG Eagle Shareholding
The 4th prosecution witness in the ongoing trial of former AMCON Managing Director, Ahmed Kuru, on Monday continued to give the Special Offences Court in Ikeja, Lagos, ‘fresh insight’ into how the…