Economic and Financial Crimes Commission (EFCC) has raised concerns before a Lagos court over alleged plans by two defendants in the ongoing ₦75 billion and $31.5 million fraud trial to secretly sell off aircraft assets tied to the case.
During proceedings on Wednesday, July 30, 2025, at the Special Offences Court in Ikeja, EFCC counsel Wahab Shittu, SAN, informed Justice Mojisola Dada that intelligence reports suggest Kamilu Omokide, Receiver Manager of Arik Air, and Capt. Roy Ilegbodu, the airline’s CEO, may be plotting to dispose of aircraft currently under litigation.
The two are standing trial alongside former AMCON Managing Director Ahmed Kuru, Union Bank of Nigeria Plc, and Super Bravo Limited on a six-count charge bordering on conspiracy, stealing, and abuse of office.
Shittu raised the alarm while responding to an application by Ilegbodu seeking permission to travel abroad for urgent medical treatment. Although he did not oppose the request, Shittu emphasized the need to protect the integrity of the trial and prevent any tampering with the subject matter.
“This case is at a critical stage. We do not want anything that will undermine the court proceedings or tamper with the subject matter of this case,” he stated.
Counsel for Ilegbodu denied any involvement in asset disposal, asserting that his client lacks the authority to sell aircraft. Union Bank’s lawyer, Olalekan Ojo, SAN, dismissed the EFCC’s claims as speculative and maintained that the bank remains a responsible corporate entity.
After hearing all submissions, Justice Dada granted Ilegbodu’s travel request and also approved similar applications previously filed by the first and third defendants on July 17, 2025.
