• News
  • Updated: January 20, 2022

AMCON MD Ahmed Kuru In EFCC Custody, See Why

 AMCON MD Ahmed Kuru In EFCC Custody, See Why

AMCON MD, Ahmed Kuru In EFCC Custody, See Why

Ahmed Kuru, the Managing Director of Assets Management Company of Nigeria, (AMCON) is currently in EFCC custody.

AMCON MD was arrested and detained by the Economic and Financial Crimes Commission on Wednesday, January 19, 2022.

Kuru is accused of asset diversion and selling of seized assets to cronies below value by businessmen accused of loan default with banks, according to a report by Sahara Reporters.

The development comes months after Kuru began his second term in office as AMCON MD.

AllNews Nigeria as at the time of filing this report could not ascertain if Ahmed Kuru is still in EFCC net as the anti-graftspokeperson, Wilson Uwujaren promised to revert back.

Wilson said, "I am currently not in office as we speak, I will revert back once I get back to the office".

Meanwhile, in July 2021, while attending the retreat of the senate committee on banking, Kuru had said AMCON recovered N1.48 trillion out of N4.158 trillion from bank debtors.

He had also said the agency still has 7,902 outstanding obligors with a total outstanding loan of above N3.1 trillion.

Get the FREE app

Read the latest and trending news in Nigeria and around the World



Join our Telegram platform to get news update Join Now
Zaccheus Ukhueleigbe
Zaccheus Ukhueleigbe

is a media and communications professional | digital media strategist. A proud Nigerian and an advo...

More From this Author


Spider-Man: No Way Home
Spider-Man: No Way Home
  • 3.6
  • Users Rating
  • 0 (0 Votes)
PG - Sci-fi, Action, Comedy | December 17, 2021
  • Users Rating
  • 0 (0 Votes)

The web-slinging superhero faces his toughest test yet when a botched spell opens up the multiverse and leads to supervillains showing up to...

Movie Trailer & Reviews


african alliance insurance plc Financial Services

African Alliance Insurance Plc is widely recognized as the most experienced and ...

fcmb group plc Financial Services

The evolution of the group now known as FCMB Group Plc began with a stock-brokin...


0 Comment(s)