Kuru, who has been accused of assets diversion and selling of seized assets to cronies at below value prices by businessmen accused of loan default with banks, was invited by the EFCC earlier on Wednesday.

The Managing Director of Assets Management Company of Nigeria, Mr Ahmed Kuru, has been arrested and detained by the Economic and Financial Crimes Commission.

Kuru, who has been accused of assets diversion and selling of seized assets to cronies at below value prices by businessmen accused of loan default with banks, was invited by the EFCC earlier on Wednesday.

A reliable source at the EFCC, confirmed that Kuru was invited by the commission after confirmation of his selling assets worth billions of naira belonging to Atlantic.

According to the source, Atlantic was accused of loan default with Skye Bank and properties in collateral were seized while an action was instituted in court.

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

"Kuru will certainly spend the night with the commission as he is still undergoing interrogation," the source added.

http://saharareporters.com/2022/01/19/breaking-amcon-md-arrested-detained-anti-graft-agency-efcc

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What is going on ?

too much corruption going on. btw where is Magu?

Nigeria politics needs to be cancelled it's a scam(fraud)

Just like Ibrahim Magu. Engaged in more of media trials and convictions but couldn't resist the urge to help himself to some of the proceeds of forefeited properties

i want a big catch like Tinubu,Atiku
or are u selecting
where is that thief Magu

Hisbah21:
i want a big catch like Tinubu,Atiku

or are u selecting

where is that thief Magu

So when will they catch you who thinks he's always hidden behind a keyboard and can commit the crime of defamation and go scot free? One day probably because the internet never forgets

Meanwhile, this is junk journalism from the IPOB terrorists leader's news platform.

If the MD "sells the property below the prevailing " market value yet you didn't get the identity of the property, the location and close estimate of the market value of that kind of property in that location ,so what journalistic work did you do? How on earth will you prominently quote a source that's probably non existent.

Also, M.D of AMCON doesn't sell properties under AMCON possession , he may be the final approving authority but he needs other department heads and may be arrested alongside those ones. Finally, it may just be an attempt by a chronic debtor to use petition to EFCC to intimidate him and may not actually be corrupt just like they did to Yewande Sadiku,ex NIPC Executive Secretary.

Police and corruption are synonymous, naval police or air force police can also head this anti graft agency.
JTF is operations is always on another level.

Ayam Not Understanding!

We may still have hope or think Nigeria will get better from here, but I have long given up on this country. The only hope I have is that, one day someday we will all leave this world, let me see how much bling and money a dead body can flex with.

Naija na cruise abeg, everybody just dey on autopilot low key and chronic madness.

Talk about "Committing a yam barn unto a goat for custody/keeps".

There is everything wrong with this country for shizzle.

Let's uninstall the current operating system and include in our next loan from China their version of operating system particularly their method of fighting corruption.

Na God go punish and delete all of una wey be enemies of this country and her people.

Your entire lineages for whom you think you are stocking up for shall be eroded alongside you all and shame shall never depart from your dwellings.

Evil and heartless animals.

All fraudsters in this nation will fave the full wrath of the law.

STEALING IS NOW CORRUPTION

Heavy fxxk up

There is a visible pattern already... "Loot, catch and reloot"..

A few days after threatening to release details of debtors he is now being grilled and disgraced. He has been warned.

Weeq

Next thing them go loose the case

Good thing he is not from the east. We for no hear word with wailing of persecution today.

I said it, the MD was busy making noise about publishing the names of those who failed to repay their federal loan or private debt not knowing Northerners are those taking federal loan and not paying back.

You can't publish Buhari cousins names
Those can make buhari to sack you and now they've sent EFCC led by BAWA after him.
They've got him busy let's see who'll call names and will be the next!


Hand Pass Hand abeg

Imagine! Corruption has eaten deep into every sector in Nigeria.

Na their way

Use to wonder the kind of winch people who think & hope this useless' country will be better one day.


Nigerian people are too gullible, still don't know the kind of people that rule them.

All staff of EFCC, NDLEA, Custom, police, Army etc are just like criminal minded Nigeria, they commit all crime they are arresting people for.

Give up on this country

post=109523776:
All fraudsters in this nation will fave the full wrath of the law.

STEALING IS NOW CORRUPTION

Lies

Hmm

Na wah. So even the person wey dey pursue people wey no pay back loan, him self dey steal money.

I no sure say I trust myself again

Na the person wea buy am troway money... Cos my property in dispute in court cannot be sold. Who buys a property with court case ongoing, this people get mind,

Hisbah21:
i want a big catch like Tinubu,Atiku

or are u selecting

where is that thief Magu

it's obvious they are selecting

Esseite:
There is a visible pattern already... "Loot, catch and reloot"..

The cycle of corruption

daddytime:
Talk about "Committing a yam barn unto a goat for custody/keeps".

There is everything wrong with this country for shizzle.

Let's uninstall the current operating system and include in our next loan from China their version operating system.

Na God go punish and delete all of una wey be enemies of this country and her people.

Your entire lineages for whom you think you are stocking up for shall be eroded alongside you all and shame shall never depart from your dwellings.

Evil and heartless animals.

You think the Chinese system is better. Communism will make everyone equal... equally poor

Relax. Na show. Nothing will come out of it.
Na dem dem.

And he had guts to seized other loans defaulters properties and still sell in low prices to his cronies that are also loan defaulters in other banks.

Note: We on this side already know how Nigerian politics play out. Nothing will become of him eventually. Efcc is just showing to us scene from Nollywood.