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Arik repaid 38% of foreign loans before takeover, EFCC witness tells court

Arik repaid 38% of foreign loans before takeover, EFCC witness tells court

A prosecution witness in the trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has told the Special Offences Court in Lagos that Arik Air had repaid 38 per cent of its foreign loan obligations before the airline was taken over by the agency. The wi...

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Verified on Apr 28, 2026

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