Hosted on MSN14d
Arik Air shareholders clash with AMCON over N455bn debt dispute
Arik Air shareholders have described as baseless, the AMCON claims that it is indebted by over N455 billion The shareholders, who are represented by Godwin Aideloje, noted that Arik Air had always ...
Arise13d
EFCC Arraigns Ex-AMCON MD, Others Over Alleged N76 Billion, $31.5 Million Arik Air Fraud
EFCC has arraigned five individuals, including former AMCON MD Ahmed Kuru, for allegedly defrauding Arik Air of N76bn and $31 ...
The Punch Newspapers17d
AMCON vows to recover Arik Air’s N455bn debt
The Asset Management Corporation of Nigeria has insisted that it will recover all the debt owed by a Nigerian carrier, Arik ...
ch-aviation3d
AMCON pursues debt recovery, plans Arik Air liquidation
Nigeria's state-owned Asset Management Company (AMCON) is determined to recover debts of NGN228 billion naira (USD149 million) from Arik Air (W3, Lagos ), while plans to liquidate the airline remain ...
TheCable14d
EFCC arraigns ex-AMCON boss Kuru over alleged N76bn, $31.5m fraud
The Economic and Financial Crimes Commission (EFCC), has arraigned Ahmed Kuru, a former managing director of Asset ...
Hosted on MSN10mon
Arik Air wins Best In-Flight Service Award 2023
NIGERIA’S Arik Air has been honored with the Best In-flight Service Airline for the Year 2023 by the Nigerian Aviation (NIGAV) Award. The promoter of NIGAV Awards, Fortune Idu, presented the ...
businessday14d
Alleged Arik N76bn fraud: Court grants ex-AMCON MD Kuru, others N20m bail
An Ikeja Special Offences Court on Monday granted N20 million bail to Ahmed Kuru, former M.D AMCON, Ahmed Kuru, and four others.
Vanguard17d
AMCON to Arik: Loans were non-performing, falsehood won’t erase debt
Asset Management Corporation of Nigeria, AMCON, Friday, refuted claims that a domestic carrier, Arik Air Limited, did not default in servicing its obligations to aircraft suppliers and trade creditors ...
Sahara Reporters14d
Alleged ₦76Billion Arik Airline Fraud: Lagos Court Grants ₦20Million Bail To Former AMCON MD Kuru, Others
The charges, which SaharaReporters, alleged their involvement in the mismanagement of funds belonging to Arik Air Limited totalling a staggering N130 billion. The charges were filed at the Ikeja ...
Sahara Reporters24d
Romanian Airline, Dan Air Approaches Nigerian High Court To Register $400,212 Judgment Debt Against Arik Air
The move is aimed at enforcing a court judgment obtained by Dan Air against Arik Air Limited in a foreign jurisdiction. A Romanian airline, Dan Air, has approached the Nigerian High Court to ...
Politics Nigeria14d
JUST IN: EFCC Arraigns Ex-AMCON MD, 4 Others for N76 Billion, $31.5m Fraud
A former managing director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has been arraigned before the court over allegations of fraud. Kuru was arraigned alongside the Managing ...
allAfrica.com on MSN13d
Alleged N76bn, $31.5m Fraud: EFCC arraigns ex-AMCON boss, others
The Economic and Financial Crimes Commission (EFCC) on Monday, 20 January 2025 arraigned a former Managing Director of Assets Management Corporation of Nigeria (AMCON), Ahmed Kuru, and four others for ...