• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Alleged $1.6bn Fraud: Court Frees Omokore, Convicts 2 Others 

by Kunle Olasanmi
2 years ago
in News
omokore
Share on WhatsAppShare on FacebookShare on XTelegram

Justice Nnamdi Dimgba of the Federal High Court sitting in Abuja has discharged and acquitted businessman, Jide Omokore and his firms, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concept Limited.

Advertisement

They were charged by the Economic and Financial Crimes Commission (EFCC) for allegedly diverting about $1.6 billion.

Omokore, his firms and one Kola Akanni Aluko (now at large), were accused by the anti-graft agency of diverting the said funds which it claimed formed part of proceeds of the sale of petroleum products belonging to the federal government under the Strategic Alliance Agreement (SAA) entered with the Nigerian National Petroleum Corporation (NNPC) under the Goodluck Jonathan administration.

The court in its judgment yesterday, convicted a former managing director of the Nigerian Petroleum Development Company, NPDC), Victor Briggs and ex-group executive, Exploration and Production of the Nigerian National Petroleum Corporation (NNPC), Abiye Membere for public corruption.

The two, though discharged and acquitted on other charges against them, were convicted for accepting gifts of Mercedes Benz and Range Rover cars from Omokore.

RELATED

4 Die Of Lassa Fever As Gov’t Shuts Health Facility In Oyo

Lassa Fever: Nigeria’s Death Toll Rises To 155

14 minutes ago
Benue Governor Launches Security Outfit, Donates Vehicles

‘Fish Out Killers Of 2 Youths,’ Benue Gov Orders Security Agencies

20 minutes ago

Justice Dimgba ordered that Briggs and Membere be remanded in the custody of the EFCC pending their sentencing scheduled for February 8.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: omokore
SendShareTweetShare
Previous Post

AFCON U17: Peseiro Wants Golden Eaglets To Keep Working Hard

Next Post

APC Launches Renewed Hope Ambassadors To Mobilise For Tinubu 

Kunle Olasanmi

Kunle Olasanmi

You May Like

4 Die Of Lassa Fever As Gov’t Shuts Health Facility In Oyo
News

Lassa Fever: Nigeria’s Death Toll Rises To 155

2025/08/05
Benue Governor Launches Security Outfit, Donates Vehicles
News

‘Fish Out Killers Of 2 Youths,’ Benue Gov Orders Security Agencies

2025/08/05
Rivers Set To Unlock New Frontiers As Port Harcourt Transforms To Int’l Energy Hub
Business

Rivers Set To Unlock New Frontiers As Port Harcourt Transforms To Int’l Energy Hub

2025/08/05
Labour Party Now Orphanage For ‘Homeless’ Politicians — Sowore
News

Rotational Presidency Undermines Merit — Sowore

2025/08/05
Residents Protest Alleged Sale Of NHP Housing To NAF In Bauchi
News

Residents Protest Alleged Sale Of NHP Housing To NAF In Bauchi

2025/08/05
FRSC Officer Flees As Container-laden Truck Crashes In Lagos
News

FRSC Officer Flees As Container-laden Truck Crashes In Lagos

2025/08/05
Leadership Conference advertisement

LATEST

Lassa Fever: Nigeria’s Death Toll Rises To 155

‘Fish Out Killers Of 2 Youths,’ Benue Gov Orders Security Agencies

Rivers Set To Unlock New Frontiers As Port Harcourt Transforms To Int’l Energy Hub

Rotational Presidency Undermines Merit — Sowore

Residents Protest Alleged Sale Of NHP Housing To NAF In Bauchi

FRSC Officer Flees As Container-laden Truck Crashes In Lagos

UK Tightens Gun Laws After Deadly Shootings

Couple Sentenced To 22-yr Imprisonment For Drug Trafficking

JUST-IN: Terror Kingpin Bello Turji Surrenders Arms, Releases 32 Captives In Zamfara

JUST-IN: Ebonyi Gov Lifts Suspension On 81 Gov’t Officials

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.