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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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Three bodies recovered, five rescued as bus plunges into Oyo river

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The Oyo State Fire Services Agency has recovered three bodies and rescued five persons after a commercial bus plunged into the Ariyo River along Amunloko Road in Ona-Ara Local Government Area of the state on Wednesday.

The incident was confirmed in a statement issued on Thursday in Ibadan, the state capital, by the Special Adviser to Governor Seyi Makinde on Fire Services and Chairman of the agency, Moroof Akinwande.

Akinwande said the agency received a distress call at about 3:38 pm through a resident, Fadeke Yusuf, reporting that a vehicle had fallen into the river in the area.

According to him, firefighters were immediately deployed to the scene to carry out rescue operations.

He explained that upon arrival, the rescue team discovered that a Suzuki commercial bus with number plate OSUN LEW 484 XA, carrying eight passengers, had lost control and plunged into the river.

Five occupants were rescued alive and rushed to Ona-Ara Private Hospital in the Jegede area for treatment, while three others were recovered dead.

The remains of the deceased were handed over to a team of policemen from the Ogbere Divisional Headquarters led by ASP Aishat Ibrahim.

Akinwande attributed the accident to reckless driving.

He added that officials of the Oyo State Road Traffic Management Authority from the Ona-Ara Division and the Chairman of Ona-Ara Local Government, Glorious Temitope, were present during the rescue operation.

The fire service boss urged motorists to drive with caution and adhere strictly to road safety rules to prevent avoidable accidents.

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UN urges stronger action to end violence against women, girls

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UN Deputy Secretary-General, Amina Mohammed, has warned that violence against women and girls continues to be fuelled by war, militarisation and entrenched inequality, urging governments to move beyond condemnation and take decisive action.

Speaking at a high-level meeting marking five years of the UN Group of Friends for the Elimination of Violence against Women and Girls, she said conflicts around the world are exposing women and girls to severe and lasting harm.

The UN deputy chief spoke on the sidelines of the ongoing 70th Session of the Commission on the Status of Women at UN Headquarters in New York on Thursday.

CSW is the United Nations’ principal global body dedicated to promoting gender equality and the rights and empowerment of women.

Established in 1946 by the UN Economic and Social Council, the Commission plays a central role in setting global standards on women’s rights and reviewing progress on gender equality

According to the UN, more than 4,500 cases of conflict-related sexual violence were verified in 2024, although the true number is likely far higher due to stigma, fear and collapsed reporting systems.

The deputy secretary-general pointed to alarming patterns in several crises. In Sudan, UN experts have reported widespread sexual violence and attacks on women human rights defenders.

In the Democratic Republic of the Congo, a child has been reported raped every half hour, while in Haiti, sexual violence against children surged dramatically in recent years.

Mohammed stressed that women must be central to peace processes and political decision-making, warning that lasting peace cannot be achieved while women and girls remain excluded and unprotected.

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In a related development, UN human rights chief Volker Türk said he was appalled by the devastating impact on civilians of increasing drone attacks in Sudan, amid reports that more than 200 civilians have been killed by drones since March 4 alone, in the Kordofan region and White Nile state.

“It is deeply troubling that despite multiple reminders, warnings and appeals, parties to the conflict continue to use increasingly powerful drones to deploy explosive weapons with wide-area impacts in populated areas,”  the High Commissioner said.

He renewed his call for both sides in the brutal civil conflict between rival militaries to fully abide by international law, “particularly the clear prohibition on directing attacks against civilians and civilian objects and infrastructure, and against any form of indiscriminate attacks.”

In West Kordofan, at least 152 civilians have reportedly been killed by Sudanese army drone strikes, including at least 50 when a market and a hospital were hit.

Attacks on two separate markets in Abu Zabad and Wad Banda on  March 7 left at least 40 civilians dead, and a lorry carrying civilians was struck allegedly by a SAF drone on 10 March, reportedly killing at least 50 civilians.

In South Kordofan, at least 39 civilians were reportedly killed, including 14 in the state capital Dilling, in heavy artillery shelling by the Rapid Support Forces and allied SPLM-North between 4 and 5 March.

Many homes, schools, markets and health facilities were damaged or destroyed in the attacks, compounding the impacts on civilians and local communities.

The High Commissioner also expressed alarm at the recent expansion of the conflict to White Nile state, which has come under heavy attack by RSF militia drone strikes since 4 March. A secondary school and a health clinic in Shukeiri village were hit on 11 March, reportedly killing at least 17 civilians, one of them a health worker.

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“It will soon be three full years since the senseless conflict in Sudan began, devastating millions of lives and livelihoods. Yet the violence, fueled by these new technologies of war, simply keeps spreading,” Türk said.

The News Agency of Nigeria reports that the 70th session of the Commission on the Status of Women, which opens on Monday, will end on March 19.

Representatives of Member States,  UN entities, and ECOSOC-accredited non-governmental organisations from all regions of the world, including Nigeria, are attending the session.

The priority theme of the session will be ensuring and strengthening access to justice for all women and girls, including by promoting inclusive and equitable legal systems, eliminating discriminatory laws, policies, and practices, and addressing structural barriers.

NAN

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Trump says Iran’s new supreme leader alive but ‘damaged’

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President Donald Trump said that he thinks new Iranian Supreme Leader Mojtaba Khamenei, whose father, the former supreme leader, was killed ​on the first day of the US and Israel’s war on Iran, is alive but “damaged.”

Khamenei has not been seen ⁠by Iranians since his selection on Sunday by a clerical ​assembly, and his first comments were read out by a television ​presenter on Thursday.

“I think he probably is (alive). I ​think he is damaged, but I think he’s probably alive in some form, ‌you ⁠know,” Trump said in an interview on Fox News’ “The Brian Kilmeade Show.”

His remarks were published by Fox News late on Thursday.

In Khamenei’s first comments, he vowed to keep the Strait of ​Hormuz shut and ​called on ⁠neighboring countries to close US bases on their territory or risk Iran targeting them.

The US and ​Israel began attacks on Iran on Feb. 28. ​

Iran ⁠has responded with its own strikes on Israel and Gulf countries with US bases.

As the war approached the two-week mark, having ⁠killed thousands ​and shaken financial markets, the leaders ​of Iran, Israel and the United States all voiced defiance and have vowed to ​fight on.

Reuters/NAN

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