Mixed reactions trail UK allocation of London Gatwick to Air Peace
As controversy continues over the refusal of the United Kingdom Authorities to allot a slot for Nigeria’s Air Peace airline at the Heathrow airport,
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As controversy continues over the refusal of the United Kingdom Authorities to allot a slot for Nigeria’s Air Peace airline at the Heathrow airport,
A Federal High Court in Lagos, Southwest Nigeria, on Tuesday, refused an ex parte application seeking to restrain the founder of Arik Air, Mr Johnson Aruremi-Ikhide from cooperating with the Economic and Financial Crimes Commission's (EFCC) in an investigation. The investigation is into the receivership of his company by the Asset Management Corporation of Nigeria (AMCON). One Mr Kamilu Omokide, the AMCON receivership had sought an interim injunction restraining Arumemi-Ikhide, through motion ex parte filed before the court in suit No FHC/C/LS/145/122.
The management of Arik Air Limited (in receivership) dismisses allegations of misappropriation of funds to the tune of N120 billion.
In the statement, made available to The PUNCH on Sunday, the carrier said the alleged misappropriation of N120 billion was contained in a petition filed by Mr Femi Falana.
AERO Contractors have debunked any plans to shutdown flight operations. The airline, said this reacting to a news publication.