The Managing Director of Assets Management Company of Nigeria, Ahmed Kuru, has allegedly been arrested and detained by the Economic and Financial Crimes Commission (EFCC).
Sahara Reporters reports that Kuru has been accused of assets diversion and selling assets seized from businessmen accused of loan default with banks to cronies at below value prices. It is believed he was invited by the EFCC in connection with this on Wednesday, January 19.
A source at the EFCC confirmed to the publication that Kuru was invited by the commission after confirmation of him selling assets worth billions of naira belonging to Atlantic.
It is believed Kuru spent the night with the EFCC.
