Business
Details: Billionaire Jide Omokore Free From $1.6B Fraud Allegation
billionaire oil baron from Kogi state was acquitted
Billionaire Jidel Omokore has been cleared of allegations against him the celebrated $1.6bn brought against him by the Economic and Financial Crimes Commission.
The chairman of Atlantic Energy Drilling Concepts Nigeria Limited was cleared off the charges by a Federal High Court in Abuja on Tuesday SocietyNow.Ng gleaned from a report on thecable.ng.
Omokore and two other persons – alongside Victor Briggs, Abiye Membere, and David Mbanefo – were accused of diverting $1.6bn said to be the revenue from the sales of petroleum products belonging to the federal government.
The billionaire oil baron from Kogi state was acquitted of the 15-count charge brought against them by the EFCC while his co-accused were convicted according to information monitored by SocietyNow.Ng on thecable.ng.
