The Economic and Financial Crimes Commission, EFCC, on Thursday admitted before a Lagos Special Offences Court that its investigation into the alleged unlawful teardown of an Arik Air aircraft did not uncover any evidence that former Managing Director of the Asset Management Corporation of Nigeria, AMCON, Ahmed Kuru, and former Arik Air Chief Executive Officer, Capt. Roy Ilegbodu, personally benefited from the transaction.

•Maintains $31.5m aircraft teardown was unlawful

The Economic and Financial Crimes Commission, EFCC, on Thursday admitted before a Lagos Special Offences Court that its investigation into the alleged unlawful teardown of an Arik…

Lagos Court has admitted Appeal judgment into evidence, confirming the legality of the AMCON receivership over Arik Air......