Monday, July 4, 2016

EFCC arraigns Jide Omokore, former NNPC GMD, Yakubu, others

The Economic and Financial Crimes Commission on Monday arraigned Jide Omokore, the chairman of Atlantic Energy Drilling Concept Limited, and Andrew Yakubu, a former group managing director of the Nigerian National Petroleum Corporation, on money laundering charges.
A statement by the EFCC said Mr. Omokore and Mr. Yakubu were charged before Binta Murtala-Nyako at the Federal High Court Abuja on a four-count of money laundering.

In the short announcement, the EFCC listed other individuals and firms charged alongside the Messrs Omokore and Yakubu as Victor Briggs, Abiye Membere, David Mbanefo, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited.
As it was earlier reported that Mr. Omokore was arrested on June 20 by operatives of the anti-graft agency.
This paper also detailed how Mr. Omokore, an ally of former President Goodluck Jonathan, had allegedly secured multi-billion dollar contracts in shady deals that violated due process.

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