4.3 C
New York
Monday, December 23, 2024
HomeEnergyEFCC nabs Jonathan’s ally, Jide Omokore, over alleged multibillion dollar fraud

EFCC nabs Jonathan’s ally, Jide Omokore, over alleged multibillion dollar fraud

The Economic and Financial Crimes commission (EFCC) has reportedly detained Mr. Jide Omokore, an ally of former Oil minister, Diezani Madueke.

Omokore who is a stakeholder in several companies under investigation for corruption is also a friend of former President Goodluck Jonathan.

Advertisements

According to sources with information on the matter, Omokore is being questioned by the EFCC in connection to the mismanagement of several multi billion dollar oil and gas transactions and contracts under the Jonathan administration.

Advertisements
Advertisements

Madueke has repeatedly come under scrutiny and allegtions of graft for unilaterally awarding Omokore’s company, Atlantic Energy a controlling ownership of two rich oil blocks for a paltry $50 million.
For a similar interest, Shell paid $1.3 billion after a transparent bidding process.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari