AMCON MD Supposedly Nabbed And Questioned By EFCC

The Financial and Monetary Crimes Fee has purportedly arrested and detained Ahmed Kuru, the Managing Director of Belongings Administration Firm of Nigeria.

In response to Sahara Reporters, Kuru, who has been accused of asset diversion and promoting seized properties to cronies at below-market costs by businesspeople accused of mortgage default with banks, was invited by the EFCC on Wednesday, January 19.

Kuru was invited by the EFCC, in keeping with a supply on the fee, after affirmation that he offered property value billions of naira belonging to Atlantic.

“Kuru will definitely spend the night time with the fee as he’s nonetheless present process interrogation,” the supply mentioned

In the meantime, Ismaila Mustapha, generally often called Mompha, an web celeb, hid his fortune in wristwatches, in keeping with the Financial and Monetary Crimes Fee.

This was revealed by the anti-graft company throughout Mompha’s arraignment on the Lagos Particular Offences Court docket in Ikeja on Wednesday, January 12.

The EFCC has charged Mompha and his firm, Ismalob International Funding Restricted, with cash laundering value over N6 billion. The defendants have been charged with conspiracy to launder money earned through criminal activity, retention of funds, switch of funds for a suspect, Olayinka Jimoh a.okay.a. Nappy Boy, and illegal motion of funds for a report label, amongst different costs.

READ ALSO: They Thought I Would Chuckle However I’ll Stand With You Until Dying’ – Bobrisky Sympathizes With Mompha Amid EFCC Arrest

In response to EFCC, “Mompha hid his curiosity in costly wristwatches and different movable property valued at over N70million.”

Mompha pleaded not responsible to the eight counts, whereas Islamob Restricted (represented by Mompha as effectively) pleaded not responsible to the primary six. Mr. Rotimi Oyedepo, the prosecution legal professional, requested a trial date after his plea.

Nonetheless, the defendant’s lawyer, Gboyega Oyewole, SAN, knowledgeable the court docket that they’d submitted a bail utility, which had been served on the EFCC. Mr. Oyedepo, in response to the bail utility, requested extra time to reply.

After listening to counsel’s arguments, Justice Dada, the sitting choose, adjourned the case till January 18 to listen to and rule on the bail movement. Mompha was additionally positioned in EFCC jail till his bail utility was heard, in keeping with the choose.

Supply; PressInformant