Alleged Fraud: Former AMCON Boss, Kuru Granted ₦50 Million Bail
Ahmed Kuru, the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), has been granted ₦50 million bail by the Special Offences Court in Ikeja, Lagos. He is facing charges related to the alleged misappropriation of ₦20 billion in AMCON funds. The case also involves Sigma Golf Nigeria Limited, a company accused of […]
Court sets aside arrest warrant against ex-AMCON MD Kuru accused of N76bn fraud
The Ikeja Special Offences Court in Lagos has postponed the arraignment of Ahmed Kuru, the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), who faces serious fraud charges amounting to N76 billion and $31.5 million. The new date for his court appearance is set for January 20, 2025. Kuru is accused alongside […]