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EFCC Arrests Oil Tycoon Olajide Omokore



EFCC Arrests Oil Tycoon Olajide Omokore



The Economic and Financial Crimes Commission (EFCC) has arrested Atlantic Energy Chairman, Olajide Omokore, on allegations of corruption and money laundering.

This comes days after British police detained former Petroleum Minister, Diezani Alison-Madueke.

“He is being interrogated,” a security official, who did not want to be identified, told Reuters. He gave no further details.

Atlantic Energy was one of two firms that signed so-called Strategic Alliance Agreements with NNPC’s upstream arm, NPDC, in May 2011 to manage oil blocks sold by oil major, Royal Dutch Shell.































































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