
Arik Receivership: Court admits AMCON board resolutions
By Henry Ojelu The Lagos State Special Offences Court, Ikeja, on Monday admitted certified board resolutions of the Asset Management Corporation of Nigeria (AMCON) as evidence in the ongoing criminal trial of its former Managing Director, Ahmed Kuru, and others over the receivership of Arik Air Limited. Kaltungo, head of the AMCON desk at the Economic and Financial Crimes Commission, EFCC, and leader of its investigating team, had maintained during cross-examination that Kuru, as AMCON’s managing director and chief executive officer, had unfettered powers and personally sanctioned the…













