• Latest
  • Trending
AMCON MD Allegedly Arrested, Detained By EFCC

Alleged N76b fraud: Court sets aside arrest warrant against Ex-AMCON boss

December 12, 2024
Covenant Varsity confirms death of 500-level student during football training

Covenant Varsity confirms death of 500-level student during football training

April 9, 2026
AI is Quietly About to Retire the Entire Music Production- DJ Neptune

AI is Quietly About to Retire the Entire Music Production- DJ Neptune

April 9, 2026
Buhari,Ministers To Attend 57th ECOWAS Summit

ECOWAS Commences Recruitment for over 30 Positions

April 9, 2026
Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

April 9, 2026
First Ships Pass Through Strait Of Hormuz Since Ceasefire

First Ships Pass Through Strait Of Hormuz Since Ceasefire

April 9, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
White house on lockdown after shooting of two national guards

US Orders staff to leave Nigeria embassy, lists Plateau, Kwara, 21 Others ‘Level 4’ in New travel advisory

April 9, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Four Terrorists Bag Life Sentence, 14 Others Convicted

April 9, 2026
Tinubu Inaugurates Ojota-Opebi Link Bridge, Other Projects In Lagos

Tinubu Inaugurates Ojota-Opebi Link Bridge, Other Projects In Lagos

April 9, 2026
PDP Names Seven-Member Caretaker Committee For Osun State

PDP Calls for Probe into alleged Land, Cash Gifts to INEC officials

April 9, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Thursday, April 9, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Alleged N76b fraud: Court sets aside arrest warrant against Ex-AMCON boss

by Present Nigeria
December 12, 2024
in News
0
AMCON MD Allegedly Arrested, Detained By EFCC
30
SHARES
60
VIEWS
FacebookTwitterWhatsappTelegram

The Special Offences Court sitting in Ikeja, Lagos has set aside a bench warrant issued against the Former Managing Director of Assets Management Cooperation of Nigeria (AMCON) Ahmed Kuru, for his absence at his arraignment on an alleged ₦76bn fraud.

Justice Mojisola Dada set aside the bench warrant against Kuru after listening to the submissions and apology from his counsel, Olasupo Shasore (SAN).

RelatedPosts

Covenant Varsity confirms death of 500-level student during football training

AI is Quietly About to Retire the Entire Music Production- DJ Neptune

ECOWAS Commences Recruitment for over 30 Positions

In a short ruling, the judge said, “In view of the attendance of the second defendant in court and the undertaken signed by the learned silk to ensure his attendance in court at any given time and with no objection from the prosecution, the second defendant’s application of motion on notice is hereby granted and the bench warrant set aside.”

The court subsequently adjourned the case until January 20, 2025 for the arraignment of the defendants.

Before the ruling, Shasore, in his application dated Dec. 12, had made an undertaken and assured the court that he would produce his client for arraignment on Jan. 20, 2025. He also said he would make sure that Kuru attends his trial.

Counsel to the Economic and Financial Crimes Commission (EFCC), Wahab Shittu (SAN), said he had no objections to the application.

“My lord, if the learned silk is assuring the court that the second defendant will be available on January 20 for his arraignment, we will not be objecting to the application.

“We could not contact him the way others were contacted and now that his counsel has signed an undertaken that he will produce him, knowing the consequences of the undertaken, the prosecution will not be objecting to the court revoking the bench warrant against the second defendant,” Shittu said.

On December 3rd, the court had issued the bench warrant for the arrest of the former AMCON MD, following his absence in court of arraignment.

Justice Mojisola Dada issued the Bench warrant following a plea by the EFCC.

The EFCC Counsel, Wahab Shittu had told the court that Kuru had jumped the administrative bail granted by the anti-graft agency and could not be reached. Shittu urged the court to issue a warrant for Kuru’s arrest.

Kuru was to be arraigned before the court alongside 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 for an alleged N76 billion and $31.5millon fraud.

The EFCC had filed a six count charge against the defendants bordering on abuse of office, stealing by fraudulent conversion and making false statements to a public officer.

While the other defendants were present in court, Kuru was absent, a situation which stalled the arraignment of the others.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share12Tweet8SendShareShare2
Previous Post

FCT demolitions: Senate sets up investigative committee invites Wike

Next Post

Govs meet in Abuja to discuss developmental issues

Related Posts

Covenant Varsity confirms death of 500-level student during football training

Covenant Varsity confirms death of 500-level student during football training

April 9, 2026
Buhari,Ministers To Attend 57th ECOWAS Summit

ECOWAS Commences Recruitment for over 30 Positions

April 9, 2026
Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

April 9, 2026
First Ships Pass Through Strait Of Hormuz Since Ceasefire

First Ships Pass Through Strait Of Hormuz Since Ceasefire

April 9, 2026
Next Post
Govs meet in Abuja to discuss developmental issues

Govs meet in Abuja to discuss developmental issues

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.