$1.6bn Fraud: EFCC Files Refreshed Charges Against Omokore

Hamilton Nwosa
Writer

Ad

How Obasanjo Got Angry at Me Over Diesel Deregulation – Otedola Opens Up

By Abiola Olawale Nigerian billionaire businessman, Mr Femi Otedola has shared a dramatic encounter with former President Olusegun Obasanjo over the 2004 diesel deregulation policy. This was detailed in his upcoming memoir, Making It Big: Lessons from a Life in Business, set for release on August 18, 2025, by FO Books. Otedola, then chairman of…

Trump-Putin Talks Put Oil Markets on Edge

The Trump-Putin meeting has become the main commodity market news of this week, with analysts speculating about the likelihood of a comprehensive deal and the impacts this could have on oil markets. ICE Brent has been gradually sliding closer to $65 per barrel as lower sanction risks on Russia could further erode the market’s in-built…

2027: PDP Warns Wike, Fayose: Endorse Tinubu, Risk Expulsion, Sanctions 

By Abiola Olawale The Peoples Democratic Party (PDP) has warned its members, including prominent figures like the Minister of Federal Capital Territory (FCT), Nyesom Wike, and former Ekiti State Governor, Ayo Fayose, against endorsing President Bola Ahmed Tinubu for re-election in 2027. The party’s National Working Committee (NWC) declared that such actions constitute anti-party activities…

Ad

The Economic and Financial Crimes Commission, EFCC on Monday, January 27, 2020, filed additional 15 criminal charges against Jide Omokore and others, which include two of his companies: Atlantic Energy Brass Limited and Atlantic Energy Drilling Concept Limited, Victor Briggs and Membere Abiye in their on-going trial before Justice Nnamdi Dimgba of the Federal High Court, Abuja. They pleaded not guilty to the charges.

Omokore and the other defendants are facing nine-count amended charges from the EFCC that border on alleged money laundering and procurement fraud to the tune of $1.6billion.

Ad

X whatsapp