{"id":171825,"date":"2025-07-30T23:22:10","date_gmt":"2025-07-30T22:22:10","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud"},"modified":"2025-07-31T00:31:39","modified_gmt":"2025-07-30T23:31:39","slug":"efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud","title":{"rendered":"EFCC Alerts on Plans to Sell Assets in Arik Air Fraud"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Economic and Financial Crimes Commission (EFCC) has alerted a Lagos court to alleged plans by two defendants in the ongoing N75 billion and $31.5 million fraud trial involving former AMCON Managing Director Ahmed Kuru to secretly sell off key assets tied to the case.<\/p>\n<p>At the hearing on Wednesday, July 30, before Justice Mojisola Dada of the Special Offences Court in Ikeja, EFCC counsel Wahab Shittu, SAN, expressed concern that Kamilu Omokide, Receiver Manager of Arik Air, and Capt. Roy Ilegbodu, the airline\u2019s CEO, were allegedly plotting to dispose of aircraft assets under litigation.<\/p>\n<p>The duo is standing trial alongside Kuru, Union Bank of Nigeria Plc, and Super Bravo Limited on a six-count charge bordering on conspiracy, stealing, and abuse of office.<\/p>\n<p>Shittu\u2019s alarm came while responding to an application filed by Ilegbodu seeking permission to travel abroad for urgent medical treatment. While not opposing the request, Shittu cited intelligence reports about potential asset sales that could compromise the integrity of the trial.<\/p>\n<p>\u201cThis case is at a critical stage. We do not want anything that will undermine the court proceedings or tamper with the subject matter of this case,\u201d Shittu told the court.<\/p>\n<p>Lawyers for the second and fourth defendants denied any involvement in the alleged sale of assets. Counsel for Ilegbodu said his client has no authority to dispose of any aircraft, while Union Bank\u2019s lawyer, Olalekan Ojo, SAN, described the EFCC\u2019s claim as speculative and insisted that the bank remained a \u201cresponsible corporate entity.\u201d<\/p>\n<p>Justice Dada, after hearing all submissions, granted Ilegbodu\u2019s application for medical travel and also approved a similar travel request earlier filed by the first and third defendants on July 17, 2025.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Economic and Financial Crimes Commission (EFCC) has alerted a Lagos court to alleged plans by two defendants in the ongoing N75 billion and $31.5 million fraud trial involving former AMCON Managing Director Ahmed Kuru to secretly sell off key assets tied to the case. At the hearing on Wednesday, July 30, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":171823,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[68,206,254],"class_list":["post-171825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-efcc","tag-lagos","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EFCC Alerts on Plans to Sell Assets in Arik Air Fraud - Nigeria<\/title>\n<meta name=\"description\" content=\"The Economic and Financial Crimes Commission (EFCC) has alerted a Lagos court to alleged plans by two defendants in the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFCC Alerts on Plans to Sell Assets in Arik Air Fraud\" \/>\n<meta property=\"og:description\" content=\"The Economic and Financial Crimes Commission (EFCC) has alerted a Lagos court to alleged plans by two defendants in the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-30T22:22:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-30T23:31:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/07\/sm_1753905819.669335.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"EFCC Alerts on Plans to Sell Assets in Arik Air Fraud\",\"datePublished\":\"2025-07-30T22:22:10+00:00\",\"dateModified\":\"2025-07-30T23:31:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud\"},\"wordCount\":303,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/07\/sm_1753905819.669335.jpg\",\"keywords\":[\"EFCC\",\"Lagos\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/efcc-alerts-on-plans-to-sell-assets-in-arik-air-fraud\",\"name\":\"EFCC Alerts on Plans to Sell Assets in Arik Air Fraud - 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