Operatives of the Economic and Financial Crimes Commission (EFCC) on Tuesday evening allegedly questioned Jide Omokore, an ally of former president, Goodluck Jonathan, and Chairman of Atlantic Energy Drilling Concepts Nigeria Limited in connection with a series of multi-billion dollar petrol import and crude export deals, Premium Times reports.
Atlantic Energy Limited was alleged to have received multiple billion dollars worth of public assets without due process by the Jonathan administration in 2011. The company, which was created less than a year earlier and had not produced a droplet of oil, was awarded controlling stakes in two lucrative oil blocks – OML 30 and 34 – for just over $50 million each.
The company was also accused of lifting crude oil, but only remitting a fraction of its worth to the government. SPOG, another of Mr. Omokore’s companies, is also being investigated for an alleged N400 million petrol import fraud.