According to reports, the Economic and Financial Crimes Commission (EFCC) is questioning the Managing Director (MD) of the Assets Management Corporation of Nigeria (AMCON), Ahmed Kuru, in regards to allegations related to assets diversion and sale of assets.
According to a reliable source at the commission, Kuru was in EFCC’s custody on Wednesday.
However, EFCC Spokesperson, Wilson Uwujaren, did not respond to calls and text messages over this development.
Skye Bank accused Atlantic of loan default; however, properties in collateral were seized by AMCON while the action was instituted in court.
Reports suggest that Kuru allegedly proceeded to sell the seized properties worth billions of Naira belonging to Atlantic to his cronies at a price far below the prevailing market value.
An anonymous detective at the commission said, “It is true. He is still in our custody. He may spend the night.”
AMCON’s spokesperson, Jude Nwauzo, however, denied that Mr. Kuru was arrested by the commission, adding that he was only invited.
Mr. Kuru was appointed by President Muhammadu Buhari in 2015 and is currently serving his second five-year tenure as AMCON’s MD.
