Import Duty

    Arik Air Limited (In Receivership) (“Arik”) has refuted a recent publication by Sahara Reporters on October 3, 2023 (“SR Publication”). The SR Publication contains allegations of misapplication of import duties and illicit sale of aircraft. In response to these accusations, we feel compelled to clarify the situation for the benefit of the general public. (1)  Grant of Duty Waivers All duty waivers granted to Arik before the receivership period, under the leadership of…