$1.6bn fraud: Court acquits, discharges Jide Omokore
Jide Omokore

A Federal High Court sitting in Abuja has acquitted and discharged Jide Omokore, chairman of Atlantic Energy Drilling Concepts Nigeria Limited, of $1.6bn fraud allegations.

Economic and Financial Crimes Commission (EFCC) arraigned Omokore alongside Victor Briggs, Abiye Membere, and David Mbanefo on a 15-count charge on July 4, 2016.

They were accused of fraudulently diverting about $1.6bn alleged to be part of proceeds of sales of petroleum products belonging to the federal government.

More later…


News continues after this Advertisement


Please enter your comment!
Please enter your name here