Court Issues Arrest Warrant for Ex-AMCON Chief Kuru: What You Need to Know
The Federal High Court in Abuja has issued an arrest warrant against Ahmed Kuru, the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), over allegations of involvement in fraudulent activities.
The accusations stem from his tenure at AMCON and concern the mismanagement and alleged misappropriation of funds.
The warrant was issued following Kuru’s failure to appear in court for a fraud-related case.
This development follows heightened scrutiny of AMCON’s operations, including criticisms about substantial financial losses reported during his leadership.
Lawmakers and stakeholders have expressed concerns about the corporation’s performance and transparency during his administration.