EFCC Uncovers Multi-Billion Naira Diversion Scheme Involving Arik Air Funds

The EFCC uncovered a multi-billion Naira diversion scheme where Arik Air funds were allegedly used to bankroll NG Eagle airline. Testifying in court, the EFCC's Zonal Director detailed suspicious transfers and loans meant for Arik Air being redirected to NG Eagle.

Former AMCON boss Ahm Kuru and others are on trial for their involvement. The investigation revealed questionable financial transactions and secret loan sales, implicating key figures and organizations.