• About Us
  • Contact Us
  • Privacy Policy
Thursday, May 19, 2022
The Union Nigeria
  • Home
  • News
    • National
    • International
    • Security
    • Judiciary
    • Special Reports
  • Politics
  • Investigations
  • Business
    • Economy
    • Agriculture
    • Aviation
    • Banking
    • Communication
    • Energy
    • Maritime
    • Oil & Gas
    • Technology
    • Tourism
  • Health
  • Education
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Sports
    • Football
    • Athletics
    • Tennis
    • Racing
    • Golf
  • Press Freedom
  • Opinion
    • Editorial
    • Interviews
    • Columns
  • Home
  • News
    • National
    • International
    • Security
    • Judiciary
    • Special Reports
  • Politics
  • Investigations
  • Business
    • Economy
    • Agriculture
    • Aviation
    • Banking
    • Communication
    • Energy
    • Maritime
    • Oil & Gas
    • Technology
    • Tourism
  • Health
  • Education
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Sports
    • Football
    • Athletics
    • Tennis
    • Racing
    • Golf
  • Press Freedom
  • Opinion
    • Editorial
    • Interviews
    • Columns
The Union Nigeria

Alleged $1.6bn Oil Fraud: Why My Company Paid $3M to YF Construction – Omokore

Asked whether he is aware that NPDC and NNPC staff are public servants, Omokore answered in the affirmative.

by The Union Nigeria
March 4, 2022
in Anti-Corruption
'Tom Cruise' Impersonator Convicted In Lagos For Fraud

EFCC arraigns suspects

Share on FacebookShare on TwitterShare To WhatsAppSend To Mail

The money laundering and procurement fraud trial of Olajide Omokore, Atlantic Energy Brass Development Ltd, Atlantic Energy Drilling Concept Limited, Victor Briggs (former managing director, Nigerian Petroleum Development Company, NPDC, and Abiye Membere continued, Thursday before Justice Nnamdi Dimgba of the Federal High Court, Abuja with the continuation of cross examination of the first defence witness, Olajide Omokore.

At the resume sitting today, prosecuting counsel, Rotimi Jacobs SAN, asked the defendant whether one of his company, Atlantic Energy Drilling Concept, paid Three Million, Five Hundred and Sixty-nine Thousand, Nine Hundred and Seventy-nine Dollars ($3,569,979) to YF Construction Development Estate Limited.

The witness answered in the affirmative, but added that his company and YF build and sell properties together. “Sometimes if we have land, they build on it, or if they have land, we build on it and sell it together,” he stated.

ALSO READ  Ex-Perm Sec, Illoh, Bags 12 Years Jail Term, Forfeits N97.3m, $139k, £10k To Govt

Asked whether he has a Joint Venture with the company, he said, no but added that, maybe his legal department has.

The prosecuting counsel asked him to look at page 2 on Exhibit Atlantic 64 to confirm an invoice to his company, Energy property for the purchase of “Jaguar Ultimate” at 36 million naira, on October 14, 2013. He confirmed the invoice.

Jacobs further said page 3 shows the delivery of the vehicle but Omokore replied that nobody received it.

Alleged $1.6bn Oil Fraud: Why My Company Paid $3M to YF Construction - Omokore
EFCC arraigns suspects

He told the court that he saw the customer name and the signature on the invoice, and also confirmed that the delivery note was signed.

ALSO READ  Bandits Burn Man Alive In His Car

Asked whether he is aware that NPDC and NNPC staff are public servants, Omokore answered in the affirmative.

The prosecuting counsel sought to know whether the defendant knew that the managing director of the NPDC and NNPC determine the quantity of crude oil to be given out to his company. He replied that he knows of NNPC but cannot tell of NPDC.

Jacobs reminded the witness that it was Membere who as managing director of the NPDC in exhibit 12, signed all the operations. DW1 said he didn’t know, but said he knew Membere to be in charge of Exploration and Production.

ALSO READ  We’re Not Going To Attack Northerners, Non Indigenes — IPOB

To conclude his cross-examination, Jacobs sought to know whether Omokore’s companies were registered as charities, in view of the companies’ penchant for buying and giving out cars to people for free. The witness answered; “No, they were not registered as charity organisations.”

Justice Dimgba thereafter discharged the witness, and adjourned the matter till Friday, March 4, 2022 for cross examination of the remaining defence witnesses.

close

Subscribe To Receive Newsletters

Check your inbox or spam folder to confirm your subscription.

ShareTweetSendSend
Previous Post

SPECIAL REPORT: A Tale Of Sex, Drugs, And Despair Of Women In Kano

Next Post

OPINION: Russia, Ukraine and a Nigerian gesture

MORE STORIES

How ASUU Uncovered Multi-Billion Naira Market, Other Properties Owned By AGF Idris

How ASUU Uncovered Multi-Billion Naira Market, Other Properties Owned By AGF Idris

May 17, 2022
Accountant General In EFCC Cell over ‘N80bn Fraud’

Accountant General In EFCC Cell over ‘N80bn Fraud’

May 17, 2022
How An American Scammed Two Nigerians Of $368,000 - FBI

How An American Scammed Two Nigerians Of $368,000 – FBI

May 14, 2022
EFCC Tracks Money Used In Buying Nomination Forms – Bawa

EFCC Tracks Money Used In Buying Nomination Forms – Bawa

May 7, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TRENDING STORIES

  • kidnapping spots

    SPECIAL REPORT: 49 Kidnapping Hotspots On South-West Roads Identified

    0 shares
    Share 0 Tweet 0
  • How ASUU Uncovered Multi-Billion Naira Market, Other Properties Owned By AGF Idris

    0 shares
    Share 0 Tweet 0
  • SPECIAL REPORT: Despite Lack Of Funds Nigeria Gifts ₦806 Million To Guinea Bissau (See Implications)

    0 shares
    Share 0 Tweet 0
  • 2023 Presidency: Choice Of Candidate Tears PDP Leaders Apart

    0 shares
    Share 0 Tweet 0
  • 2023: Why Jonathan Agreed To Run For President Under APC

    0 shares
    Share 0 Tweet 0
  • How An American Scammed Two Nigerians Of $368,000 – FBI

    0 shares
    Share 0 Tweet 0
  • Goodluck Is Coming! (Part 1)

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Bello, Amaechi, Three Other Presidential Aspirants Allegedly Secretly Pick Senate Forms

    0 shares
    Share 0 Tweet 0
  • Meet Man With Over 2600 Court Cases, See What He Did To Guinness For Publishing His Record

    0 shares
    Share 0 Tweet 0
  • I Would Act Nude Scenes For 10 Million Dollars – Actress Modola Osifuwa

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT

RECENT STORIES

Ex- Gov Fayose’s N7 billion Money Laundering Trial Adjourned

Ex- Gov Fayose’s N7 billion Money Laundering Trial Adjourned

May 18, 2022
Nigerian Bar Association Useless, Only Good At Issuing Statements - Wike

Nigerian Bar Association Useless, Only Good At Issuing Statements – Wike

May 18, 2022
2023 Presidency: Choice Of Candidate Tears PDP Leaders Apart

2023 Presidency: Choice Of Candidate Tears PDP Leaders Apart

May 18, 2022
REVEALED: How Corps Member Found Dead In Abuja Was Killed By Jealous Rival

REVEALED: How Corps Member Found Dead In Abuja Was Killed By Jealous Rival

May 18, 2022
Osinbajo: It’s Time For The Best Amongst Us To Lead Us

Osinbajo: It’s Time For The Best Amongst Us To Lead Us

May 17, 2022

THE UNION NIGERIA

TheUnionNigeria.com is an independent, nonprofit news website that seeks to promote transparency and accountability through robust and objective reporting. We aim to critically engage you with news reports, Opinions, Editorials, Politics, Business Sports, Entertainment news, Lifestyle, Education, Videos, Photos, Documents and investigative reports.

  • Facebook
  • Twitter
  • YouTube

GET NEW POST ALERT

Check your inbox or spam folder to confirm your subscription.

NEWS SOURCES

  • Africa.com
  • Businessday
  • Channels Television
  • Daily Independent
  • Daily Times
  • Daily Trust
  • Leadership Newspaper
  • National Daily
  • NewsDiary Online
  • Nigerian Tribune
  • Economic Confidential
  • Peoples Gazette
  • PM News
  • Pointblanknews
  • Premium Times
  • Punch
  • The Guardian
  • The Nation
  • The Sun
  • Thisday
  • TV360 Nigeria
  • Vanguard

©The Union Nigeria | Published By Flying Dutchman Limited.

No Result
View All Result
  • Home
  • News
    • National
    • International
    • Judiciary
    • Security
    • Crime
    • Special Reports
  • Politics
  • Investigations
  • Business
    • Economy
    • Agriculture
    • Aviation
    • Banking
    • Communication
    • Energy
    • Maritime
    • Oil & Gas
    • Technology
    • Tourism
  • Health
  • Education
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Entertainment
    • Movies
    • Music
  • Sports
    • Football
    • Athletics
    • Tennis
    • Golf
    • Racing
  • Opinion
    • Editorial
    • Interviews
  • Press Freedom
  • Columns
  • TUN TV
  • ABOUT US
  • CONTACT US

©The Union Nigeria | Published By Flying Dutchman Limited.