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$40Million Import Duty: Nigeria Customs Investigate Arik Air In Receivership for Illicit Sale of Aircraft

$40Million Import Duty: Nigeria Customs Investigate Arik Air In Receivership for Illicit Sale of Aircraft Nigeria Customs Service has commenced an investigation into the diversion of import duties to the tune of $40 million by the management of Arik Air in Receivership. There are indications that Arik in Receivership abused the duty waivers conceded to airlines by the Federal Government via Nigeria Customs Services which is limited to the importation of aircraft and spares by domestic airline operators. ....

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How Nigerian Assets Corporation, AMCON Mismanaged Arik Air, Depleted Spare Parts Inventory From $150million To Less Than $15million – Stakeholders

The shareholders of Arik Air Limited have slammed the Managing Director of the Assets Management Corporation of Nigeria (AMCON), Alhaji Ahmed Kuru, for allegedly using misinformation and deliberate fabrication of falsehood to run the company aground. The shareholders said the Arik Air under AMCON’s receivership operated only two aircrafts and the Arik Hangar in Lagos was a static display of 14 abandoned new generation aircraft while the rest had “either been cut to pieces, sold, and shipped out of the country.” ....

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Arik Air shareholders give condition for dialogue with AMCON

Say airline had 17 operating aircraft during takeover Shareholders of Arik Air have said they are ready and willing for “an open dialogue” with the Assets Management Corporation of Nigeria (AMCON). However, they said such a dialogue must be in the presence of the “relevant investigative authorities including such as Police, EFCC, the CBN,… ....

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Arik Air Receivership – How Alhaji Ahmed Kuru, MD-AMCON Misinformed and Misled the Government.

Arik Air Receivership – How Alhaji Ahmed Kuru, MD-AMCON Misinformed and Misled the Government.
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

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We'll dialogue with AMCON before investigative authorities—Arik shareholders

We'll dialogue with AMCON before investigative authorities—Arik shareholders
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

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