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Money Laundering: Arraignment Of Omokore, Andrew Yakubu, Others Stalled

The arraignment of oil and gas businessman, Mr Jide Omokore, Former GMD of NNPC Andrew Yakubu and three others has been stalled. The prosecutor, Mr … Continue reading Money Laundering: Arraignment Of Omokore, Andrew Yakubu, Others Stalled


Jide-Omokore-Andrew-Yakubu

Jide-Omokore-Andrew-YakubuThe arraignment of oil and gas businessman, Mr Jide Omokore, Former GMD of NNPC Andrew Yakubu and three others has been stalled.

The prosecutor, Mr Rotimi Jacobs, informed the court that some of the accused persons were not in the country and he would not want to arraign the accused persons individually.

The court has adjourned the case till July 4, 2016 for arraignment.

The Economic and Financial Crimes Commission (EFCC) is charging businessman, Mr Jide Omokore, before the Federal High Court in Abuja on allegations of money laundering.

Mr Omokore, who is heavily involved in the oil and gas sector is reported to have been arrested over the weekend.

He will be docked alongside a former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu.

Others to be charged include Mr Victor Briggs, Mr Abiye Memnere, Mr David Mbanefo, and Mr Omokore’s companies – Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited.