Crime
Court Issues Bench Warrant For Ex-AMCON MD In Arik Air Fraud Case
The arraignment of Ahmed Kuru, the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), was delayed on Monday after he failed to appear in court.
Kuru, who is facing a six-count charge, was to be arraigned for alleged theft of property belonging to Arik Air and abuse of office.
Kuru, along with the current Managing Director of Arik Air, Captain Roy Ilegbodu; the receiver manager of Arik, Kamilu Omokide; Union Bank Plc; and the company Super Bravo Limited, were set to appear before Justice Mojisola Dada at the Special Offences Court in Ikeja, Lagos.
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The charges are being brought by the Economic and Financial Crimes Commission (EFCC).
The complaints were filed by Arik’s founder, Johnson Arumemi, and its shareholders, with their petition signed by Senior Advocate of Nigeria (SAN) Femi Falana. The charges allege various acts of fraud, theft, and abuse of office.
In the first charge, Union Bank is accused of making false statements to AMCON, inducing an unwarranted sale of Arik Air’s loans, and falsely reporting the status of the airline’s loans.
This led to the transfer of a fake sum of N71 billion to AMCON, an act considered a violation of Section 96 of the Criminal Law of Lagos State 2015.
In count two, Kuru, Omokide, and Ilegbodu are alleged to have fraudulently converted N4.9 billion to the benefit of NG Eagle Limited, a company they are accused of setting up for personal gain.
This is considered theft by fraudulent conversion, violating Section 278(1)(a) of the Criminal Law of Lagos State 2011.
Count three involves Captain Roy Ilegbodu, who is accused of stealing N22.5 million in May 2024 and converting it for the use of Magashi Ali Mohammed, in breach of Arik Air’s property rights.
Kuru and Omokide face further charges in count four, which accuses them of abusing their public office in July 2019 to incorporate NG Eagle Limited for undue personal benefit, a violation of Section 73 of the Criminal Law of Lagos State 2015.
In count five, Kamilu Omokide, Ahmed Kuru, and Captain Roy Ilegbodu are accused of authorizing the destruction of a $31.5 million aircraft, 5N-JEA, in February 2022, an arbitrary act that harmed Arik Air and Nigeria’s economic stability.
Count six accuses Omokide, Kuru, and Super Bravo Limited of dishonestly converting three Boeing aircraft belonging to Arik Air to the use of Super Bravo Limited in November 2023, amounting to theft by dishonestly taking property.
Due to Kuru’s absence from the court proceedings, Justice Dada issued a bench warrant for his arrest.
Authorities have been instructed to locate and bring him to court.
The case, which involves key figures in the aviation and banking sectors, is under close scrutiny as the EFCC continues its investigation into the alleged financial crimes.
Crime
Navy Recovers 98,000 Litres of Suspected Stolen Crude in Rivers
The Nigerian Navy (NN) has uncovered three suspected illegal refining sites containing about 98,000 litres of petroleum products in Okarki community, Ahoada West Local Council of Rivers State.
It was gathered that the discovery was made on October 10, 2026, during an operation conducted by Nigerian Navy Ship (NNS) Pathfinder under Operation Delta Sentinel.
The Director of Naval Information, Navy Captain Abiodun Folorunsho, gave the details in a statement, exposing that the sites contained approximately 65,000 litres of suspected stolen crude oil and 33,000 litres of products suspected to be illegally refined Automotive Gas Oil (AGO), commonly known as diesel.
The products were stored in about 12 dugout pits and containers across the three locations.
The Navy said no arrests were made because the suspected operators had fled before the arrival of the naval team, adding that the sites and products were subsequently handled in accordance with established procedures.
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According to the statement, the discovery highlights the scale of suspected illicit petroleum storage in the area and the risk of the products entering unlawful distribution channels.
The Navy said the operation disrupted storage activities at the three locations and denied suspected operators access to a substantial quantity of petroleum products for further illegal handling and sale.
It added that it would sustain intelligence-led patrols and operations to identify illegal refining facilities, disrupt the storage and movement of suspected stolen petroleum products, and support efforts to bring those responsible to justice in accordance with the law.
Crime
Oyo Police Arrest Suspected Cultist Who Allegedly Travelled to Avenge Brother’s Death
The Oyo State Police Command has arrested a suspected cultist, Kingsley Odo, who allegedly travelled to the state to avenge the death of his brother.
The suspect was intercepted by operatives of the Safer Highway patrol team during a routine stop-and-search operation on a commercial bus along Ife Road.
The Police Public Relations Officer (PPRO) of the Oyo State Police Command, DSP Ayanlade Olushola Olayinka, said the operatives recovered a locally made, cut-to-size pistol and a cartridge during a search of the vehicle.
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Olayinka said further questioning revealed that the suspect had travelled to Oyo State to carry out a revenge killing over his brother’s death.
“Further questioning revealed that he had travelled all the way from Anambra to Oyo State to carry out a revenge killing,” he said.
He added that the suspect had been arrested and was undergoing investigation to establish his connections and determine the extent of his alleged activities.
“All thanks to God and the good effort of the men of the Safer Highway, he was intercepted, arrested, and is currently undergoing investigation to know his connections and how wide it is,” Olayinka said.
Suspect Recounts Brother’s Death
During an interview following his arrest, Odo said the incident stemmed from the death of his brother in 2021, when he was working in Benue State.
He explained that his brother was schooling in Nsukka, Enugu State, when he received information that someone had killed him.
“It was in 2021. I was working in Benue State, so I had information that my brother, who was in school in Nsukka, had just died in the school, that somebody killed him in the school,” he said.
Odo added that his mother died a few weeks after his brother’s death.
He said he subsequently received information that the person allegedly responsible for his brother’s death was living in a southwestern state.
“So, last month, I had information that the boy is living in a state, a Yoruba state. So, I said okay, I will find out that place where he is living,” the suspect said.
He explained that he was travelling from Nsukka towards Oyo State when police operatives intercepted and arrested him.
When questioned about whether he knew the exact location of the person he intended to confront, Odo initially said he did not know the particular state but confirmed that he was heading to Oyo State.
“The information is with me,” he said, suggesting that he had information that could help him locate the individual.
Suspect Says He Bought Pistol for ₦20,000
When questioned about the firearm recovered from him, Odo said he purchased the pistol from a friend for ₦20,000.
“I bought it from my friend,” he said.
Asked what his friend did with firearms, the suspect said the individual might be a hunter.
“I don’t know, maybe he’s a hunter. A hunter who kills with pistol? Yes, he has this one and long, so he was the one that sell this one for me, 20,000,” he said.
Suspect Confirms Membership of Vikings Confraternity
During the interview, Odo was also questioned about reports that his deceased brother belonged to a cult group.
He said he could not confirm whether his brother was a member.
“Maybe he belongs, maybe he did not belong, because I was not there with him,” he said.
However, when asked whether he belonged to a cult group himself, the suspect answered in the affirmative and identified the group as Vikings.
The police said investigations were ongoing to establish the suspect’s connections and determine whether other individuals were involved in the alleged planned revenge killing.
Crime
Police Rescue Three Kidnap Victims in Taraba After Sustained Pressure
Police Rescue Three Kidnap Victims in Taraba After Sustained Pressure
The Nigeria Police Force has disclosed the rescue of three kidnapped victims in Taraba State following sustained pressure mounted by its rescue teams.
The victims were identified as Otuwe Torhumba, 37; Kenneth Nyiutse, 35; and Michael Emmanuel, 27.
The Force made the disclosure on Saturday, October 3, 2026, in its 24-hour operational update covering security operations recorded across the country on October 2.
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According to the Police, “Due to sustained pressure by Police rescue teams, three of five kidnapped victims — Otuwe Torhumba (37), Kenneth Nyiutse (35) and Michael Emmanuel (27) — were rescued unharmed and reunited with their families.”
The Police said the three victims were rescued unharmed and subsequently reunited with their families.
The Force did not provide further details on the circumstances surrounding the abduction or the whereabouts of the remaining two victims in the operational summary.
The case is currently being investigated by the State Criminal Investigation Department (SCID), Jalingo.
The rescue was among several operational successes recorded by the Nigeria Police Force during the reporting period.






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