The Lagos Special Offences Court in Ikeja has ordered the Economic and Financial Crimes Commission (EFCC) to furnish vital evidence in the ongoing ₦20 billion fraud trial involving former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru.
The presiding judge, Justice Rahman Oshodi, directed the EFCC to serve both the defence and the court with key investigative documents, including the electronic statement of Keystone Bank and a report from the Central Bank of Nigeria (CBN).
Kuru, who was arraigned on February 11, 2025, is facing an amended six-count charge alongside Sigma Golf Nigeria Limited.
While Kuru maintained his innocence, Sigma Golf, represented by its Chairman, Alhaji Umaru Hamidu Modibbo, opted for a plea bargain and entered a guilty plea.
Following the plea agreement, Justice Oshodi convicted the company and ordered the forfeiture of its rights and interests in a unit of Keystone Bank shares to the Federal Government.
The trial is scheduled to continue on October 6, 7, and 8, 2025.
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