Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, July 7, 2026, ordered the release of travelling documents of the trio of Kamilu Alaba Omokide, Ahmed Kuru, former Managing Director of the Asset Management Corporation of Nigeria, AMCON, and Captain Roy Ilegbodu, Arik Air Limited.
The order was granted at proceeding’s today following application for the temporary release of their international passports to enable the defendants travel abroad on medical grounds.
Those standing trial are former Receiver Manager, Kamilu Alaba Omokide, (first defendant), former Managing Director of AMCON, Ahmed Kuru, (second defendant) and Chief Executive Officer of Arik Air Limited Chief Executive Officer, Captain Roy Ilegbodu, Union Bank Limited and Super Bravo Limited.
The defendants are being prosecuted by the Economic and Financial Crimes Commission, EFCC, on a six-count charge bordering on conspiracy, stealing and abuse of office over an alleged fraud involving N76 billion and $31.5 million.
One of the counts reads: “That you, Union Bank Nigeria Plc, sometime in 2011 or thereabouts, in Lagos, within the jurisdiction of this Honourable Court, with the intention of causing and/or inducing unwarranted sale of Arik Air loans and bank guarantees with Union Bank, made false statements to the Assets Management Corporation of Nigeria (AMCON), regarding Arik Air Limited’s performing loans, following which you transferred a bogus figure of N71, 000,000,000.00 (Seventy-One Billion Naira) to AMCON.”
Another count reads: “That you, Ahmed Lawal, Kuru, Kamilu Alaba Omokide as Receiver Manager of Arik Air Limited, and Captain Roy Ilegbodu, Chief Executive Officer of Arik Air Limited in Receivership, sometime in 2022 or thereabout, in Lagos, within the jurisdiction of this honourable court, fraudulently converted to the use of NG Eagle Limited the total sum of N4, 900,000,000.00 (Four Billion Nine Hundred Million Naira only), property of Arik Air Limited.”
At the resumed hearing, counsel to the defendants informed the court that they had filed an application seeking the temporary release of their international passports to enable them travel for medical treatment.
However, counsel to the prosecution, Dr. Wahab Shittu, SAN, told the court that the prosecution did not oppose the applications.
Thereafter, Dr. Shittu urged the court to ensure an accelerated hearing of the substantive case.
Subsequently, the trial judge granted the applications as prayed and ordered the temporary release of the international passports of the affected defendants.
The matter was thereafter adjourned to the July 26 for the continuation of trial.
