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FG drops N60bn fraud charges against ex-AMCON MD

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Justice Rahman Oshodi of the Lagos State Special Offences and Domestic Violence Court, Ikeja, has struck out a N60bn fraud case against former Managing Director of the Asset Management Corporation of Nigeria, Ahmed Kuru, following the Federal Government’s decision to withdraw the charges.

The withdrawal was effected through the Director of Public Prosecutions of the Federation, M.B. Abubakar, who filed a notice of discontinuance dated July 24, 2025.

The Economic and Financial Crimes Commission had, on February 11, 2025, arraigned Kuru on amended six counts marked ID/24960C/2024, bordering on conspiracy, stealing, and transfer of property derived from an illegal act. He pleaded not guilty.

Kuru was charged alongside Sigma Golf Nigeria Limited. On the day of arraignment, Sigma Golf entered a guilty plea pursuant to a plea bargain with the EFCC and was convicted.

Following the conviction, Justice Oshodi ordered the forfeiture of 6.3 billion units of ordinary shares in Keystone Bank Limited — valued at N1 each — to the Federal Government.

The forfeiture was tied to Sigma Golf’s admission of fraudulently converting N20bn belonging to AMCON.

The EFCC alleged that the diverted funds were channelled through Heritage Bank to benefit Sigma Golf in its acquisition of Keystone Bank.

It also accused Kuru, alongside the former Managing Director of Heritage Bank, Ifie Sekibo (now at large), of dishonestly converting N20bn of AMCON funds and transferring another N20bn derived from theft to conceal its source.

According to the commission, the offences contravened Section 332(1) of the Criminal Law of Lagos State, 2011, and were punishable under Section 332(3).

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Although the matter was slated for trial, proceedings never commenced before the prosecution sought to terminate the case.

At Monday’s hearing, prosecution counsel, V.J. Alma, urged the court to discharge the defendant in light of the charges withdrawal.

Defence counsel, Olasupo Shasore (SAN), supported the application and further requested the release of Kuru’s sureties and the discharge of the bond.

In his ruling, Justice Oshodi upheld the prosecution’s right to withdraw charges at any stage of proceedings.

“It is well established in criminal jurisprudence,” the judge said, “that the prosecution possesses the prerogative to withdraw from the prosecution of any matter at any stage of the proceedings. Given that withdrawal, the defendant is hereby discharged under Section 73(1)(i) of the Administration of Criminal Justice Law of Lagos State, 2015, and Section 108(2)(a) of the Administration of Criminal Justice Act, 2015.”

The court also ordered the discharge of the bond entered on Kuru’s behalf, the release of his sureties, and the lifting of the Nigerian Immigration Service restriction on his passport. His travel documents were ordered to be returned.

“In the circumstances,” Justice Oshodi concluded, “this matter is hereby struck out.”

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Tinubu’s absence from UNGA not an issue — Anyim

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Former Senate President Pius Anyim has stated that President Bola Tinubu’s absence from the ongoing United Nations General Assembly in New York shouldn’t be an issue.

The chieftain of the All Progressives Congress said the President’s decision to delegate the assignment to Vice President Kashim Shettima should not be a source of concern.

Anyim, who also served as Secretary to the Government of the Federation, stated this on Monday while featuring on ARISE NEWS’ Prime Time.

Tinubu, who was initially scheduled to return to Nigeria after a short working vacation, extended his stay abroad, with the Presidency saying he would use the period for a private visit and other engagements before returning to the country.

Meanwhile, Shettima is representing Nigeria at the 80th session of the UNGA in the United States.

Anyim said there was nothing unusual about the President’s absence, arguing that the Vice President had the constitutional capacity to represent the country at the gathering.

“I really don’t understand why his absence should be an issue. I think Nigerians know very well that the President is on short leave, a short vacation.

“He simply assigned his Vice President to undertake the assignment. I don’t know why we are making so much out of this. There is nothing that compares to the President being at UNGA. The Vice President can represent the country, even the Foreign Minister,” he said.

Explaining the nature of the UNGA, the former Senate president said the annual event comprised the General Assembly and several bilateral and multilateral engagements held on the sidelines.

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He said the President’s absence would only become significant if there were scheduled engagements that required his personal attendance.

“The structure of UNGA involves the General Assembly and side meetings. Side meetings could be bilateral or multilateral. What you present in that General Assembly statement is simply reading a statement from your country. This is something that the Vice President can do,” he said.

Anyim also dismissed concerns that Tinubu’s absence could prevent him from meeting United States President Donald Trump, saying such high-level engagements were normally scheduled in advance.

“It’s not about meeting the President by chance. The fact that you sit together with the President doesn’t mean anything. The President of America normally would have a schedule set ahead of time,” he said.

He added that Tinubu was not the only world leader who had chosen not to attend the annual gathering in person.

“It doesn’t matter. After all, there are many heads of state who don’t go,” Anyim said.

Source: punchng.com

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Kebbi gov joins Nigeria’s delegation to 81st UN General Assembly in New York

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Kebbi State Governor Nasir Idris has joined Nigeria’s delegation at the 81st Session of the United Nations General Assembly, held in New York, United States.

Idris is participating in Nigeria’s engagements alongside Vice President Kashim Shettima, who is representing President Bola Tinubu at the global gathering.

The governor’s participation was disclosed in a statement signed by his Chief Press Secretary, Ahmed Idris, on Tuesday.

The 81st UN General Assembly, which opened on September 8, 2026, is being held under the theme, “Restoring Trust, Managing Transformation: A United Nations That Delivers for All.”

According to the statement, the high-level gathering brings together world leaders and representatives of member states to deliberate on global challenges, including sustainable development, climate action, peace and security, human rights, technological transformation and multilateral cooperation.

The statement quoted the Minister of Foreign Affairs, Bianca Ojukwu, as outlining Nigeria’s meetings, engagements and commitments during the General Assembly at a briefing attended by members of the Nigerian delegation.

It said Shettima was expected to present Nigeria’s national statement during the General Debate on Thursday, September 24.

The statement said Idris’ participation would provide an opportunity for Kebbi to engage with global leaders, development partners, investors and international organisations, with a focus on attracting investment and strengthening partnerships for the state’s development.

“Governor Nasir Idris’s participation provides an opportunity for Kebbi State to engage with global leaders, development partners, investors and international organisations, with particular attention to attracting investment and strengthening partnerships that can contribute to the state’s development,” the statement partly read.

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The governor is also expected to participate in discussions on peace, security, sustainable development and investment, including activities around the proposed launch of the Northwest Peace, Security and Development Framework, 2026–2030.

Other engagements listed in the statement include the SDG Roundtable Discussion 2026, Clinton Global Initiative Annual Meeting, African-Caribbean High-Level Interactive Dialogue and the Nigeria Investment Forum.

The statement said the participation of state governors and other Nigerian officials was part of efforts to strengthen Nigeria’s engagement with international partners and promote investment, development cooperation and strategic partnerships.

Other governors at the briefing included AbdulRahman AbdulRazaq of Kwara, Abdullahi Sule of Nasarawa, Siminalayi Fubara of Rivers and Babagana Zulum of Borno states.

Also present were the Minister of Solid Minerals Development, Dele Alake; Minister of Women Affairs, Imaan Sulaiman-Ibrahim; Minister of State for Budget and Economic Planning, Doris Uzoka-Anite; and Nigeria’s Permanent Representative to the United Nations, Jimoh Ibrahim.

Source: punchng.com

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Trump TV goes live as major US networks halt coverage

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The White House has launched a 24/7 streaming channel dubbed “Trump TV”, offering viewers access to past moments, announcements and other content from President Donald Trump’s administration.

The White House announced the launch on its official X account on Monday, saying the stream would be updated in real time.

“IT’S LIVE. Trump TV is Streaming Now. 24/7, updated in real time, with top past moments, announcements, and the latest and greatest from the administration all in one place.

“Not every big moment has made it on your tv, now it can,” the White House said.

The stream, officially titled “TRUMP TV: The Essentials Station,” is available through the White House website and its YouTube channel.

The White House describes it as a platform for the administration’s “biggest moments”, including videos, major remarks and highlights.

The launch came amid an escalating dispute between the Trump administration and several major US news organisations over access to the White House.

Trump recently barred CNN, Politico and MS NOW from White House grounds, prompting the three organisations to sue the administration over the decision.

Major television networks — ABC, CBS, Fox and NBC — subsequently suspended their shared White House pool coverage in solidarity with the affected outlets.

The White House has defended its approach to media access, while Trump has criticised what he describes as unfair or “fake news” coverage of his administration.

The first Trump TV broadcast featured previously recorded footage, including Trump’s July 3 address at Mount Rushmore, rather than a live presidential event.

See also  Dele Momodu, Fani-Kayode, Omokri in war of words over Tinubu - See details

The new channel gives the White House a direct platform for distributing video of Trump and his administration without relying solely on television networks for coverage.

Source: punchng.com

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