The Nigeria Customs Service has initiated an inquiry into the management of Arik Air while it’s in receivership.
This move comes in response to reports of aircraft cannibalization and allegations of diverting import duties amounting to $40 million.
Arik Air entered receivership in 2017, overseen by the Asset Management Company of Nigeria, due to concerns about its financial instability and inability to meet operational obligations.
The primary objective of this receivership was to restructure the airline, settle outstanding debts, and ensure its continued operation.
However, recent developments have raised fresh concerns about the illicit sale of the airline’s aircraft.
The NCS is currently investigating the cannibalization of three aircraft, which were subsequently re-exported.
These allegations mark a critical juncture in ongoing efforts to stabilize Arik Air’s operations and restore its financial health.
The NCS investigation aims to uncover any irregularities or illegal activities related to the disposal of aircraft assets and the diversion of import duties.
In a document titled ‘Re: Request for Physical Inspection of Boeing 737NG, Bombardier CRJ-900, and CRJ-900ER,’ signed by the Comptroller of the Customs Intelligence Unit, I.G. Umar, it is stated that the explanation provided by Arik Air’s management regarding these airplanes was insufficient and requires further clarification.
The document specifies the information needed, including evidence of notification for temporary re-exportation or sale, details of aircraft movements, approval from customs for dismantling, and particulars of seizure, repossession, and inventory of salvaged parts. It also seeks information on the current location of these parts.
This request aligns with the statutory responsibilities outlined in the Nigeria Customs Service Act.
Arik Air in receivership, in response, claims that these aircraft were seized and repossessed by some lessors and partners of the airline, emphasizing their substantial debt to AMCON and urging those concerned to address their loans with AMCON instead of engaging in negative campaigns.
