EFCC Arrests AMCON Boss, Ahmed Kuru

Economic and Financial Crimes Commission (EFCC) has reportedly arrested and detained the Managing Director of Assets Management Company of Nigeria (AMCON), Ahmed Kuru.

Trixx NG learnt the anti-graft agency invited the AMCON boss to its headquarters in Abuja over alleged assets diversion and selling of seized assets to cronies at below value prices.

It gathered that Kuru was invited by the anti-graft agency after confirmation of his selling assets worth billions of naira belonging to Atlantic.

A source in the EFCC told According Sahara Reporters that Atlantic was accused of loan default with Skye Bank and properties in collateral were seized while the action was instituted in court.

With the pendency of the court case, Kuru proceeded to sell the properties in dispute at a price far below the prevailing market value.

However, the source said the AMCON boss spent the night in the EFCC custody and he is still undergoing interrogation.

Mr Kuru, who is currently serving his second term as the AMCON boss, was appointed by President Buhari in August 2015.

Prior to that, he was the Group Managing Director of Enterprise Bank Limited.