
December 03, (THEWILL) – The Special Offences Court sitting in Ikeja, Lagos, has issued a bench warrant for the arrest of Ahmed Kuru, a former Managing Director of Assets Management Corporation of Nigeria (AMCON).
Justice Mojisola Dada ordered Kuru’s arrest on Monday, following his absence in court. He was to be arraigned on a six-count charge of alleged theft of property belonging to Arik Air and abuse of office.
Kuru, alongside current MD of Arik Air, Captain Roy Ilegbodu, the receiver manager of Arik, Kamilu Omokide, the Union Bank plc and a company, Super Bravo Limited, were to be arraigned before Justice Dada by the Economic and Financial Crimes Commission.
According to the charges, the EFCC charged Union Bank for allegedly “making a false statement to a public officer with the intention of causing and/or inducing unwarranted sale of Arik Air loans and bank guarantees with Union Bank, making false statements to the Assets Management Corporation of Nigeria (AMCON) regarding Arik Air Limited’s performing loans, following which it transferred a bogus figure of N71,000,000,000.00 (Seventy One Billion Naira) to AMCON.
“The offence is said to be contrary to and punishable under Section 96 of the Criminal Law of Lagos State 2015.”
In count 2, “AHMED LAWAL KURU Kamilu Alaba Omokide as Receiver Manager of Arik Air Limited and CAPTAIN ROY ILEGBODU Chief Executive Officer of Arik Air Limited in Receivership, sometime in 2022 or thereabout”, was alleged to have “stolen and fraudulently converted to the use of NG Eagle Limited the total sum of N4,900,000.00 (Four Billion Nine Hundred Million Naira).
“The offence of stealing by fraudulent conversion of the property of another is said to be contrary to Section 278(1) (a) of the Criminal Law of Lagos State 2011.”
Count 3 alleged that “CAPT. ROY ILEGBODU as MD/CEO of Arik Air Ltd in receivership, in May 2024 or thereabout, did steal the sum of N22,500,000.00 (Twenty-Two Million, Five Hundred Thousand Naira) by fraudulently converting same to the use of Magashi Ali Mohammed property of Arik Air Ltd.”
Count 4 alleged that “AHMED LAWAL KURU as Managing Director of Asset Management Corporation of Nigeria (AMCON) and KAMILU ALABA OMOKIDE as Receiver/Manager of Arik Air Ltd. being public officers, on 11th July 2019 or thereabout in Lagos, within the jurisdiction of this Honourable Court, directed to be done in abuse of the authority of your offices an arbitrary act, to wit: intentionally and in violation of the discharge of your functions incorporated a Company called NG Eagle Limited, RC Number 1600277 for the purpose of obtaining an undue advantage for yourself and or cronies.
“The abuse of office is contrary to and punishable under Section 73 of the Criminal Law of Lagos State 2015.”
In count 5, “KAMILU ALABA OMOKIDE, AHMED LAWAL KURU AND CAPT. ROY ILEGBODU on the 12th day of February 2022 or thereabout, in Lagos, within the jurisdiction of this Honourable Court being public officers directed to be done in abuse of the authority of your office and with intention of obtaining undue advantage for yourself and cronies an arbitrary act, to wit:Â intentionally authorizing the teardown and destruction of 5N-JEA with Serial No. 15058 valued at $31.5M (Thirty-One Million, Five Hundred Thousand Dollars), an arbitrary act, which act is prejudicial to the economic stability of the Federal Republic of Nigeria and Arik Air Limited.
Count 6 alleged that “KAMILU ALABA OMOKIDE, AHMED LAWAL KURU, and SUPER BRAVO LIMITED on the 29th day of November, 2023 or thereabout in Lagos, within the jurisdiction of this Honourable Court, dishonestly converted to the use of Super Bravo Limited three (3) Boeing aircrafts known as Manufacturer Serial Number 33944 Registration Number 5N MJG, Manufacturer Serial Number 35638 Registration Number 5N MJN and Manufacturer Serial Number 34761Registration Number 5N MJE property of Arik Air Limited.
“The offence of stealing by dishonestly taking the property of another is contrary to Section 278(1) (a) of the Criminal Law of Lagos State 2011.”
The complainants in the matter are the founder of Arik, Johnson Arumemi and its shareholders. Their lawyer, Femi Falana SAN, filed the case on their behalf.
Felix Ifijeh is a journalist with years of professional reporting experience. Known for his keen news sense, compelling storytelling and commitment to accurate, impactful reporting, he has built a reputation for turning leads into clear, engaging, and well-structured reports that resonate with readers. His work reflects deep newsroom experience and a commitment to accurate, impactful journalism.


