Arik Air Receivership: Nigerian Court Refuses Application To Prevent Airline Founder, Aruremi-Ikhide From Cooperating With Fraud Investigation

A Federal High Court in Lagos, Southwest Nigeria, on Tuesday, refused an ex parte application seeking to restrain the founder of Arik Air, Mr Johnson Aruremi-Ikhide from cooperating with the Economic and Financial Crimes Commission's (EFCC) in an investigation. The investigation is into the receivership of his company by the Asset Management Corporation of Nigeria (AMCON).   One Mr Kamilu Omokide, the AMCON receivership had sought an interim injunction restraining Arumemi-Ikhide, through motion ex parte filed before the court in suit No FHC/C/LS/145/122.

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