Alleged N76bn Fraud: EFCC Witness & Ex-Union Bank ED Reveals He Wrote-Off Arik’s $2.3m Debt - Tech

Alleged N76bn Fraud: EFCC Witness & Ex-Union Bank ED Reveals He Wrote-Off Arik’s $2.3m Debt - Tech

Mr. Austine Obigwe, a former group executive director of Union Bank PLC, on Wednesday testified before the Lagos State Special Offences Court sitting in Ikeja, detailing how he wrote off a $2.3 million debt owed by Arik Air to his private company, Staal. Obigwe is one of the witnesses of the Economic and Financial Crimes Commission (EFCC) on the matter. EFCC headquarters Recall that when he was first interrogated before the matter was adjourned,…

Fraud Case of MD AMCON, MD Arik Air, Union Bank, Others Adjourned Till June 4 - Security News Alert

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Wednesday, May 28, 2025, adjourned till June 4, 2025 further hearing in the trial of Mallam Ahmed Kuru, a former Managing Director of Assets Management  Corporation of Nigeria, AMCON, and four others,  over alleged N76bn and $31.5m fraud. Kuru , alongside […] The post Fraud Case of MD AMCON, MD Arik Air, Union Bank, Others Adjourned Till June 4 first appeared on Secu…