Wednesday, 27 January 2016

EFCC detains Atlantic Energy boss, Jide Omokore.

Businessman and close ally of former Petroleum Minister, Alison-Madueke, Mr Jide Omokore has been detained by the Economic and Financial Crimes Commission, EFCC.

The businessman who has interest in several companies being investigated for corruption is being questioned for his role I the mismanagement of many oil and gas deals during the Jonathan administration.

The unilateral award of controlling ownership of two rich oil wells to Atlanta Energy without due process by Alison-Madueke for as little as $50m has raised a lot of suspicion given the fact that Shell paid $1.3b for a similar interest in a transparent bid process.

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