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Wednesday, July 17, 2024

AMCON boss at EFCC over alleged asset diversion

AMCON boss at EFCC over alleged asset diversion

The managing director of the Assets Management Company of Nigeria (AMCON), Ahmed Kuru, was on Wednesday invited by the Economic and Financial Crimes Commission (EFCC).

EFCC sources confirmed the invitation and said the AMCON boss was with the anti-graft agency till much later on Wednesday. Another source he spent the night in EFCC’s custody.

Kuru was reported to have been under EFCC’s investigations over alleged asset diversion and selling of seized assets to cronies at below value prices.

AMCON spokesman, Jude Nwauzor, however said his boss was at the EFCC but only as a guest, not a suspect.

He said his boss usually consulted with the EFCC from time to time.

When asked why the AMCON boss was still at the EFCC at almost 10pm, he said, “He went there for a meeting and meetings can stretch to any time of the day.”

The anti-graft agency in Nigeria has been under intense pressure to justify its mandate under the current adminstration, which rode on the promise to sustain the fight against corruption to grab power.

There have been allegations tat the governmnet has exhibited uncommon tolerance for corruption, especially when officials of the administartion are involved.

There were instances when President Buhari found it difficult to order an investigaton into alleged corrupt inclination of secretary to his government. The president, infact, had cause to send a letter to the legislature wherein he unilaterally insulated the official of the allegations.

The then secretary to the federal government was only sacked after monumentalpressures kept mountingon the president.


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