COURT ORDERS EFCC TO DISCLOSE KEY EVIDENCE IN ₦20BN FRAUD CASE AGAINST EX- AMCON BOSS 27-05-25
By Sadiq Aminu A Lagos Special Offences Court sitting in Ikeja has issued a pivotal ruling in the ongoing ₦20 billion fraud trial involving former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru.
Presiding judge, Justice Rahman Oshodi, on Tuesday, May 27, 2025, directed the Economic and Financial Crimes Commission (EFCC) to serve both the defence and the court with critical investigative materials, including the e-statement of Keystone Bank and a report from the Central Bank of Nigeria (CBN).
The ruling is expected to shape the next phase of the trial, ensuring that the defence has full access to prosecution evidence ahead of further proceedings.
Kuru, who was arraigned on February 11, 2025, is facing an amended six-count charge alongside Sigma Golf Nigeria Limited.
While Kuru pleaded not guilty, Sigma Golf represented by its Chairman, Alhaji Umaru Hamidu Modibbo entered a guilty plea under a plea bargain deal.
Following the plea bargain, Justice Oshodi convicted the company and ordered the forfeiture of all its rights and interests in a unit of Keystone Bank shares to the Federal Government.
The trial has been adjourned to October 6, 7, and 8, 2025, for continuation.