This statement is issued on behalf of Arik Air Limited (in Receivership) (Arik) under the leadership of its Receiver Manager, Omokide, Kamilu Alaba, FCA in response to recent media reports concerning an EFCC investigation into the affairs of Arik. These reports have unjustifiably, and without verification of the facts, linked the Receiver Manager of Arik to financial fraud within Arik. The investigation is apparently based on a petition filed by Mr. Femi Falana, SAN (the Petition) and was instigated by Sir Arumemi Johnson, the majority shareholder in Arik, which owes…
Read MoreARIK AIR VS OMOKIDE, EFCC: THE DIRTY TACTICS OF A BULLY BORROWER
