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EFCC arraigns ex-AMCON MD Kuru, four others over N76bn fraud
EFCC arraigns ex-AMCON MD Kuru, four others over N76bn fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned a former Managing Director of Assets Management Corporation of Nigeria (AMCON) Ahmed Kuru and four others for allegedly defrauding Arik Airline of N76 billion and another $31.5 million.
The other four defendants are a former Receiver Manager of Arik Airline Ltd, Kamilu Omokide (who is listed as the first defendant) Chief Executive Officer of the airline, Captain Roy Ilegbodu (listed as the third defendant), Union Bank Ltd (named as the fourth defendant) and a company, Super Bravo Ltd, which is named as the fifth defendant.
Union Bank was charged with one count of making false statements to public officers while the other four defendants were arraigned on a five-count charge bordering on theft, abuse of office, and stealing by dishonestly taking the property of another.
The defendants, however, pleaded not guilty at their arraignment.
Following their plea, counsel to the first and third defendants, Taiwo Osipitan (SAN), told the court that he had a pending application for the bail of his clients which had been filed on Nov. 28 and November 29, 2024.
Osipitan asked the court to grant his clients bail on liberal terms.
According to him, the first defendant has no criminal records and was currently on administrative bail as granted him by the EFCC which he never jumped.
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He added that the first and third defendants had an opportunity to escape but did not.
Counsel to the EFCC, Wahab Shittu (SAN), raised objections to the grant of bail.
According to him, the two defendants were facing serious offences of economic sabotage and the temptation to leave the country was very high.
He, however, agreed with the counsel that they were presumed innocent pending the determination of the court. He instead suggested that the court grant an accelerated hearing of the case as well as the seizure of the defendants’ passports to ensure that they come for their trial.
The counsel to Kuru who is named as the second defendant, Olasupo Shasore (SAN), in his application for bail asked the court to also grant bail to his client on self-recognizance.
Shasore, in his bail application, supported by 17 paragraphs of affidavits, argued that bail application was to secure the attendance of defendants in court.
He said it was correct that the second defendant was placed on administrative bail by EFCC.
Shasore thereafter urged the court to grant bail to the defendant on self-recognition and also on the terms that were earlier given by the court when the bench warrant against him was set aside.
The prosecution in his counter affidavits dated January 17, opposed the bail application of the second defendant.
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He said the second defendant’s application for bail was incompetent and should be struck out.
Shittu cited relevant laws to buttress his argument.
He said: “My lord the record of this court is to the effect that the second defendant, at one point absconded in which your lordship had to issue a bench warrant.
“Learned silk for the second defendant is not the defendant on trial and it is very unhealthy for a counsel to stand as a surety for a defendant.
“I urge my lord, in exercising his discretion to take all this into consideration because our concern is the appearance of the second defendant so that he does not abscond.”
After listening to the arguments from the parties, Justice Mojisola Dada granted bail to the defendants in the sum of N20 million each with one surety each in like sum.
Dada said the sureties must be gainfully employed and must depose to means of identification.
She also directed the defendants to submit their passports to the registrar of the court.
The defendants are to remain in the custody of their respective counsel pending the perfection of their bail conditions.
Justice Dada then adjourned to March 17 for the commencement of the trial.
EFCC arraigns ex-AMCON MD Kuru, four others over N76bn fraud
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Three Young Herders Killed, Two Missing in Plateau Attack
Three Young Herders Killed, Two Missing in Plateau Attack
Three young herders have been killed and two others reported missing after suspected gunmen attacked a group tending cattle in the Aloghom area of Mangu Local Government Area, Plateau State.
The attack occurred on Saturday, September 12, 2026, in the Sabon Gari district of Mangu, an area that has experienced repeated incidents of violence involving farming and herding communities.
The victims were identified as Garzali Shaibu, 18; Bashiru Yakubu, 14; and Salim Abubakar, 15.
According to reports citing a military situation report, troops of Operation Enduring Peace were alerted after receiving information that herders grazing in the area had come under attack. Soldiers deployed from Sabon Gari subsequently moved to the location and recovered the bodies of the three victims.
Surviving members of the group reportedly told the troops that two other herders were unaccounted for, prompting efforts to establish their whereabouts.
The attack also resulted in significant losses of livestock. A situation report cited by security-focused publication Zagazola Makama put the number of cattle killed at 36, while 12 others were reportedly found with gunshot wounds. Community sources, however, estimated that about 50 cattle were killed in the attack.
The differing figures could not immediately be reconciled, but reports agree that the incident caused substantial losses of livestock belonging to the affected herding community.
Hashimu Yahaya, coordinator of the Fulbe Fulani Development Association in Mangu, identified the three victims and condemned the killings.
The Plateau State chairman of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Ibrahim Yusuf Babayo, also condemned the attack and called for an investigation into the killings.
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Community representatives alleged that the attackers were members of a militia suspected to be operating in the area. That allegation has not been independently established, and the identities of the attackers and their motive remained under investigation.
There were also allegations that security personnel from another agency were present around the area during the incident but failed to intervene. The claim was reported as an allegation and had not been independently verified.
Security personnel reportedly recovered empty tear-gas canisters from the scene as troops intensified patrols and other operations in the area.
The military also warned against any attempt by members of the affected community to retaliate, amid concerns that the killings could trigger further violence between communities.
The latest incident came amid a fresh series of attacks in Plateau State, particularly in Mangu and neighbouring areas.
The state government subsequently condemned fresh attacks recorded in Mangu and a separate attack at Dungus Junction in Jos South Local Government Area, while urging residents to reject reprisals and cooperate with security agencies.
The violence has also occurred against the backdrop of efforts by security agencies and community stakeholders to mediate disputes between farmers and herders.
In Bokkos Local Government Area, for instance, troops of Operation Enduring Peace recently facilitated a settlement between farmers and herders after farms in Dambwash, Danbukor and Fokko were reportedly destroyed. Under the agreement, affected herders paid N4.5 million in compensation to 38 farmers, according to reports citing the military situation report.
Despite such interventions, recurring attacks continue to raise concerns over the security of farming and herding communities in Plateau.
The three slain herders were later buried in Mangu following funeral prayers at the Mangu Central Mosque, with community leaders using the occasion to appeal for calm and government action. Security personnel present at the burial reportedly urged residents to allow investigations into the killings to continue and avoid retaliatory attacks.
The killings have renewed concerns about the vulnerability of young people involved in livestock production and the wider impact of prolonged insecurity on livelihoods in Plateau.
For residents of Mangu and surrounding communities, the immediate concern remains preventing the incident from triggering another cycle of reprisal violence, while security agencies face pressure to identify those responsible, establish the fate of the two missing herders and strengthen protection for communities at risk.
Authorities have not publicly established the identities of the perpetrators, and investigations into the circumstances surrounding the attack remain ongoing.
Three Young Herders Killed, Two Missing in Plateau Attack
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EFCC Opens Mambilla Probe as Atiku, Malami, Others Named in ICC Arbitration Award
EFCC Opens Mambilla Probe as Atiku, Malami, Others Named in ICC Arbitration Award
The Economic and Financial Crimes Commission (EFCC) has reportedly constituted a special investigative team to examine alleged questionable transactions and dealings connected to the long-running Mambilla Hydroelectric Power Project, following a major International Chamber of Commerce (ICC) arbitration ruling involving Nigeria and Sunrise Power and Transmission Company Limited.
The development comes days after an ICC tribunal ruled in favour of the Federal Government of Nigeria, rejecting claims brought by Sunrise Power and its promoter, Leno Adesanya, over the controversial power project.
The reported EFCC investigation is expected to examine transactions and allegations arising from the 616-page arbitration award.
Among the individuals named or discussed in the tribunal proceedings are former Vice-President Atiku Abubakar, his former wife Jennifer Douglas Abubakar, former Attorney-General of the Federation Abubakar Malami, former Minister of Power and Steel Olu Agunloye, former National Security Adviser Sambo Dasuki, his son Abubakar Dasuki, former Solicitor-General of the Federation Abdullahi Yola, and former Permanent Secretary in the Ministry of Power Dere Awosika.
The appearance of a person’s name in the arbitration award does not, however, establish criminal liability. The reported EFCC investigation is a separate process through which allegations and financial transactions may be examined under Nigerian law.
The ICC tribunal rejected Sunrise Power’s claims against Nigeria, including a demand linked to an earlier settlement agreement. The tribunal also ordered Sunrise and Adesanya to reimburse Nigeria about $11.8 million in legal fees and expenses.
The arbitration was connected to the disputed Mambilla Power Project in Taraba State, which has been the subject of legal and contractual disagreements for more than two decades.
One of the transactions examined by the tribunal was a $500,000 payment made by Adesanya in January 2003 from an account associated with his offshore company, China Castle Investments Ltd, to a United States bank account belonging to Jennifer Douglas Abubakar.
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According to the tribunal findings, Adesanya said the payment was connected to a foreign-exchange transaction undertaken for Atiku through his bureau de change business.
The tribunal, however, said the explanation was not supported by sufficient documentary evidence. It noted that records establishing the underlying naira payment, exchange rate, instructions or other documentation corroborating the explanation were not produced.
The tribunal described the circumstances surrounding the transaction as raising significant questions, particularly because of its timing and Adesanya’s efforts to secure the Mambilla contract.
The tribunal also considered other payments involving individuals connected to the project, including payments allegedly made to former minister Olu Agunloye through an aide and a payment of about $1.74 million made to Abubakar Dasuki.
In relation to Atiku, the tribunal’s findings require particular distinction. While it examined the $500,000 payment and the circumstances surrounding it, the tribunal did not find evidence that Atiku used his position as a government official to secure the Mambilla contract for Sunrise.
That finding is significant because the EFCC‘s reported investigation should not be presented as an established finding of criminal wrongdoing against Atiku or any other individual named in the award.
The arbitration also contained critical findings concerning former Attorney-General Abubakar Malami.
The tribunal criticised Malami’s handling of settlement negotiations with Sunrise and, according to the award, raised serious concerns about his dealings with Adesanya.
The tribunal also concluded that the settlement arrangements at the centre of the dispute were not binding on Nigeria because the required presidential approval had not been obtained.
The findings concerning Malami are part of an arbitration award rather than a criminal conviction. Any criminal consequences would depend on further investigation and, where applicable, prosecution and adjudication by the appropriate Nigerian courts.
The Mambilla Power Project dates back to a 2003 arrangement for the development of a major hydropower facility in Taraba State. The project subsequently became embroiled in disputes over the validity of the contract, settlement agreements and compensation claims.
Sunrise Power later pursued arbitration proceedings against Nigeria, including claims running into hundreds of millions of dollars.
The latest ICC decision rejected the claims before the tribunal and was welcomed by the Federal Government as a major development in the prolonged dispute.
President Bola Ahmed Tinubu welcomed the ruling and said it removed a significant legal obstacle surrounding the project.
Sunrise Power promoter Leno Adesanya, however, said the company’s legal team would review the arbitration decision and consider available lawful options.
The reported EFCC investigation now introduces a separate domestic dimension to the Mambilla controversy.
Investigators are expected to examine the financial transactions, relationships and official decisions highlighted during the arbitration proceedings and determine whether any of the conduct amounts to offences under Nigerian law.
The EFCC has not publicly announced criminal charges against Atiku, Malami or the other individuals whose names appeared in the tribunal proceedings based on the reports surrounding the latest development.
Consequently, being named in the ICC Mambilla arbitration award should not be interpreted as equivalent to being charged with or convicted of a crime.
The latest development nevertheless places the Mambilla Power Project, the disputed financial transactions and the conduct of several former public officials under renewed scrutiny as the reported EFCC investigation progresses.
The focus will now be on what the domestic investigation establishes independently of the ICC proceedings, while the Federal Government continues efforts to advance the long-delayed hydropower project.
EFCC Opens Mambilla Probe as Atiku, Malami, Others Named in ICC Arbitration Award
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Kidnapped Female Police Officer Found Dead in Ebonyi as Suspect Leads Police to Remains
Kidnapped Female Police Officer Found Dead in Ebonyi as Suspect Leads Police to Remains
A female police officer kidnapped in Ebonyi State has been found dead after police arrested a principal suspect in connection with her abduction and recovered her remains from a location allegedly identified by the suspect.
The development was disclosed by the Nigeria Police Force in its latest nationwide operational update, which highlighted arrests, rescue operations and the recovery of weapons and other exhibits across several states.
According to the police, the suspect was arrested following sustained intelligence-driven and technology-based investigations into the abduction of the female officer.
The suspect allegedly led police operatives to the location where the remains of the kidnapped police officer were recovered.
The Force did not, however, disclose the identity of the officer, the circumstances surrounding her abduction or the cause of her death.
It also did not state how long the officer had been missing before her remains were recovered or whether additional suspects had been arrested in connection with the case.
The development represents a major breakthrough in the investigation into the officer’s disappearance, but police said the case remains under investigation.
The suspect is being treated as an alleged member of a kidnapping syndicate pending the conclusion of investigations and any subsequent court proceedings.
Police said the investigation was supported by intelligence gathering and technology, which eventually led operatives to the principal suspect.
Following the arrest, the suspect allegedly provided information that enabled investigators to locate the scene where the officer’s remains were recovered.
The circumstances surrounding the officer’s death are yet to be publicly established. Police have not disclosed whether the remains showed evidence of violence or whether a forensic examination has been conducted to determine the cause of death.
Investigators are expected to examine the recovered remains and other evidence as they work to establish what happened to the officer and determine whether other individuals were involved in her abduction and death.
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The Ebonyi case was included in a wider Nigeria Police Force operational report covering security operations across the country. The Force said its operations resulted in the arrest of 334 suspects and the rescue of kidnapped victims, alongside the recovery of firearms, ammunition and other exhibits in different states.
In another operation reported in Adamawa State, police said two kidnapped victims were rescued from a suspected kidnappers’ hideout in Shako Forest, Toungo Local Government Area, while a suspect was arrested and allegedly provided information implicating five fleeing accomplices. (Primetimes)
The police said the various cases remain under investigation by the relevant State Criminal Investigation Departments (CID) and the CID at Force Headquarters in Abuja.
For the Ebonyi investigation, the immediate focus is expected to be on determining the circumstances of the officer’s abduction, identifying all those allegedly involved and establishing how and when she died.
The recovery also gives investigators an opportunity to gather further physical and forensic evidence that could help link suspects to the crime.
The police have not announced any further arrests in the case or disclosed whether any weapons, vehicles, communication devices or other exhibits were recovered during the operation.
The Force has increasingly emphasised intelligence-led policing, technology-assisted investigations and inter-agency cooperation in its response to kidnapping and other organised crimes.
The latest development in Ebonyi underscores the continuing security challenges faced by police personnel and other residents in areas affected by kidnapping and violent criminal activity.
While the arrest represents progress in the investigation, the police have yet to provide a full account of the circumstances leading to the officer’s death.
Further details are expected as investigators continue questioning the suspect and examining evidence recovered from the scene.
Until the investigation and any court proceedings are concluded, the suspect remains presumed innocent and allegations against him have not been established by a court.
Kidnapped Female Police Officer Found Dead in Ebonyi as Suspect Leads Police to Remains
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