Court orders arrest of ex-AMCON MD Ahmed Kuru over alleged N76bn fraud

Ahmed Kuru AMCON MD CEO

An Ikeja Special Offences Court in Lagos has ordered the arrest of the former managing director of Asset Management Corporation of Nigeria (AMCON) Ahmed Kuru.

Justice Mojisola Dada issued the bench warrant on Tuesday so Mr Kuru will be brought to court to face trial for alleged N76 billion fraud.

The co-defendants in the suit are the managing director of Arik Air, Captain Roy Ilegbodu, the receiver manager of Arik, Kamilu Omokide, Union Bank Plc, and a company, Super Bravo Limited.

At the resumption of proceedings, the prosecution counsel Wahab Shittu (SAN) prayed the court to issue a warrant of arrest against the second defendant (Kuru).

He said, “The former MD of AMCON has jumped administrative bail granted by EFCC on several occasions.

“In view of the attitude of the second defendant, we urge the court to issue a bench warrant.

“My lord, all the defendants in this case were served, but when they got to the residence of the second defendant, the man had disappeared. He had blocked his contact.

“Someone who is the former MD of AMCON is not supposed to behave that way.”

Justice Dada, however, granted the prosecution counsel’s prayer and issued a warrant of arrest against Kuru.