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Diezani’s ally, Omokore returns N200m to FG

18 September 2016, 07:27

Abuja - An ally of the immediate past Minister of Petroleum Resources, Diezani Alison-Madueke, Jide Omokore, has returned N200m to the Federal Government, reports Punch

Omokore, who is the Chairman of Atlantic Energy Drilling Concept Nigeria Limited is currently standing trial before a Federal High Court for an alleged $800m (N247bn) fraud.

He raised some bank drafts in the name of the Federal Government and the money has been deposited into the Federal Government account while investigations continue

Also read: Oil tycoon arrested as corruption probe widens

Omokore and another businessman, Kola Aluko are accused of benefiting from some shady transactions with Alison-Madueke according to News 24

Omokore was alleged to have used the Strategic Alliance Agreement signed between the NPDC and Atlantic Energy Drilling Concept Limited to swindle the NPDC and the Nigerian government of billions of naira through the lifting of crude oil from some oil wells between March 2013 and May 2014.

The Economic and Financial Crimes Commission (EFCC) has also traced and frozen eight bank accounts allegedly belonging to Omokore.

The eight accounts were opened at different branches of Skye Bank Plc.

- News 24


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