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Court Overturns Arrest Warrant for Ex-AMCON MD Ahmed Kuru in N76bn Fraud Case

Ahmed Kuru’s Arrest Warrant Quashed: Court Decision in Massive N76bn Fraud Allegation

A court has reportedly set aside an arrest warrant against Ahmed Kuru, the former Managing Director of the Asset Management Corporation of Nigeria (AMCON). Kuru was previously accused of involvement in a fraud case involving N76 billion.

The arrest warrant had been issued based on allegations of mismanagement and financial irregularities during his tenure at AMCON.

However, in a recent ruling, the court found grounds to vacate the order, likely due to procedural concerns or lack of sufficient evidence presented by the prosecuting authorities.

Kuru has consistently denied the allegations, maintaining his innocence and stating his commitment to clear his name. This development shifts the spotlight to the prosecution and the judiciary as the case unfolds further.

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