In a somber discovery that has shaken the tight-knit community of Millisle, a body was found on the beach in the Donaghadee Road area on Wednesday afternoon. The Police Service of Northern Ireland (PSNI) swiftly cordoned off the area, urging the public to steer clear as forensic teams began their meticulous work. The discovery, made by a local dog walker, has cast a shadow over the serene coastal village, known for its peaceful surroundings.
Local representatives have expressed their condolences and concern for the bereaved family, emphasizing the need for privacy and respect during this difficult time. Ulster Unionist Party councillor Peter Wray and DUP MLA Stephen Dunne both highlighted the impact of the incident on the community, with Dunne noting the distressing week the village has endured. The identity of the deceased and the circumstances surrounding the death remain under investigation, with authorities yet to release further details.
The PSNI has assured the public that all necessary measures are being taken to understand the events leading to the tragic discovery. Forensic officers in protective gear were seen scouring the area, a stark contrast to the usual tranquility of Millisle Beach. The community, while reeling from the news, has been praised for its solidarity and support for the authorities as they conduct their investigations.
As the sun set on Millisle, the reality of the day's events began to sink in for residents. The discovery of a body on their doorstep has prompted an outpouring of sympathy for the unknown individual's family and friends. In the coming days, the focus will remain on the police investigation, with hopes for answers that may bring some closure to a community united in grief and shock.
The ongoing trial involving the Asset Management Corporation of Nigeria (AMCON) and Arik Air has taken a dramatic turn as Muhammed Abbas Jega, a former Executive Director of Credits at AMCON, contradicted his earlier testimony regarding the performance of Arik Air's loan. Initially, Jega had stated that the loan was performing, but during cross-examination, he admitted that the loan had been non-performing since its inception, shedding light on the complexities of the case.
Jega's revelation came during the trial of former AMCON MD/CEO Ahmed Kuru and others, who are facing charges related to the alleged mismanagement of N76 billion and $31.5 million. The case, which has drawn significant attention, highlights the challenges faced by AMCON in managing non-performing loans acquired from Nigerian banks under the Eligible Bank Asset (EBA) programme.
Further complicating the matter, Jega disclosed that despite AMCON's injection of N85 billion to purchase Arik's debt from Union Bank and Bank PHB, and an additional N11 billion extended as working capital, Arik Air failed to meet its financial obligations. This admission raises questions about the due diligence processes at AMCON and the viability of the airline's financial restructuring efforts.
The trial also took an unexpected turn when Jega questioned the authenticity of the Loan Purchase Agreement presented in court, pointing out discrepancies in signatures and document structure. This development adds another layer of intrigue to the case, as it challenges the integrity of the documents underpinning the financial transactions between AMCON and Arik Air. The court's decision on these matters could have far-reaching implications for corporate governance and financial accountability in Nigeria's banking and aviation sectors.