Northern Nigerian Breaking News

EFCC grills AMCON MD over underpriced assets

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The Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the Managing Director of Assets Management Company of Nigeria,(AMCON) Mr. Ahmed Kuru.

Kuru was quizzed in connection to alleged diversion of assets.

It was also gathered that Kuru, who was still undergoing interrogation as at 9pm, was alleged to have also influenced the selling of assets to cronies.

Fidelity Bank

The affected assets were said to be underpriced to “confer advantage on his cronies, friends and associates.”

Read Also:Anxiety as Kano NLC, TUC commence mobilization for protest

A source said: “The AMCON MD was invited following petitions by some loan defaulters whose assets were sold at ridiculous prices.

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“He has been asked by detectives to respond to the allegations isolated for him. In the last seven hours, he has been making statement to the EFCC. I think he may spend the night with us.”

Responding to a question, the source added: “Kuru has denied the allegations against him.”

The Nation

“He has been asked by detectives to respond to the allegations isolated for him. In the last seven hours, he has been making statement to the EFCC. I think he may spend the night with us.”

Responding to a question, the source added: “Kuru has denied the allegations against him.”

The Nation

EFCC AMCON

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