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EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering (20178 Views)

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Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by Princepoint(m): 2:22pm On Jun 20, 2016
money laundery
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by Princepoint(m): 2:23pm On Jun 20, 2016
Princepoint:
money laundery
if
If u no kill money money go kill u
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by lastpage: 2:30pm On Jun 20, 2016
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Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by lastpage: 2:31pm On Jun 20, 2016
daddyrich:




I KNOW THAT JONATHAN IS THE ONLY AIR THAT YOU BREATHE. WITHOUT THE MENTION OF HIS NAME YOU CAN'T SURVIVE. WELLDONE


Yes o! tongue tongue

Until the crook is behind bars and all our YAMS recovered from him and his accomplices........... Justice is not yet done.
undecided undecided




Lastpage!

BTW: Dont worry about where your next meal will come from, when Jonathan is eventually docked.
we will arrange #5,000/Month "amnesty" for you. grin grin

2 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by TheGoodJoe(m): 2:38pm On Jun 20, 2016
As at the time, the company, which was barely a year old and had no history of producing a droplet of oil, was awarded controlling stakes in two lucrative oil blocks – OML 30 and 34 – for just over $50 million each.

Chisos

1 Like

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by nuelyoyo(m): 2:46pm On Jun 20, 2016
Mrpoker:


Tell Buhari to stop prosecuting people on page of news paper.
stop this nonsense talk about media trials, the media pple will always dig and report news, that's their Job. If u just jail pple without allowing the case run it course, the accused will still say he/she was not given fair hearing. Pls allow the gov do their job.

4 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by johnjose68: 2:47pm On Jun 20, 2016
But I Thought Some People's hero Said He Fought Corruption With Technology!!!

3 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by TheGoodJoe(m): 2:51pm On Jun 20, 2016
The deal, which was signed by the immediate past minister of petroleum, Diezani Alison-Madueke, gave Atlantic Energy Limited a controlling 55 percent stake in the oil block.

Interestingly, Shell, which owned the remaining 45 per cent stake, fetched $1.3 billion for a single field after an open and competitive bidding process.



Yeh, Yeh, Yeh.

This people are evil and wicked. President Buhari must do something about the Judiciary. We need China death penalty laws, if not these criminals will continue fleecing us.

Imagine Shell got $1.3 Billion for a field in the same block these people acquired for $50 million.

Chai.

3 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by TheGoodJoe(m): 2:56pm On Jun 20, 2016
Under the agreement, Atlantic took charge of four oil blocks- OML 26 FHN, OML 30 Shoreline, OML 34 Niger-Delta Oil and OML 42 Neconde. It was to provide funds, technical services, drill and sell crude oil.

The company was also accused of lifting crude oil, but remitting only a fraction of its worth to government.


God forbid. This was a total rape of the country. This is far beyond madness. How did we fall to this level?

I hope NDA are reading what their Hoe of Democracy, GEJ supervised with another Niger Delta woman Deizani.

1 Like

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by TheGoodJoe(m): 2:58pm On Jun 20, 2016
In 2012, according to NNPC insiders, Atlantic Energy paid $168m into government account, but lifted about three million barrels – valued at over $350 million.

In 2013, it also lifted about two million barrels of crude valued at about $240million, but paid only $68million.

Similarly, in 2014, Atlantic Energy paid zero cash-call, but lifted about 500,000 barrels of crude oil, valued at $54 million.

Mr. Yakubu was the GMD of the NNPC between 2012 and 2014 when Atlantic Energy lifted oil without remitting what was due to government.



Somebody fan me. This is too much to take.

3 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by Laid2001: 3:00pm On Jun 20, 2016
Oleku ija ore
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by TheGoodJoe(m): 3:02pm On Jun 20, 2016
The government sought an order to freeze several local and international luxury properties owned by the defendants, including the Galatica Star, a $50 million “Super yatch” owned by Mr. Aluko and three private jets.

Mama Mia.

These guys sold us expensive.

1 Like

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by greatiyk4u(m): 3:03pm On Jun 20, 2016
Mrpoker:

Tell Buhari to stop prosecuting people on page of news paper.

Tell news paper to stop reporting news on corruption

4 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by seunmsg(m): 3:10pm On Jun 20, 2016
sweetetlove:
this license has specific number of years and it wasn't due throughout d reign of GEJ. Get your facts right.




In 2011 during the administration of former President Goodluck Jonathan, Atlantic Energy Limited, Mr Omokore’s company, alongside other companies were allegedly given multibillion dollar worth of public assets without due process.
As at the time, the company, which was barely a year old and had no history of producing a droplet of oil, was awarded controlling stakes in two lucrative oil blocks – OML 30 and 34 – for just over $50 million each.
The deal, which was signed by the immediate past minister of petroleum, Diezani Alison-Madueke, gave Atlantic Energy Limited a controlling 55 percent stake in the oil block.
Interestingly, Shell, which owned the remaining 45 per cent stake, fetched $1.3 billion for a single field after an open and competitive bidding process.
Incorporated as Atlantic Drilling Energy Concept Limited on July 19, 2010, it signed a Strategic Alliance Agreement with the Nigerian Petroleum Development Company (NPDC) shortly afterwards.
The NPDC is the upstream production subsidiary of the Nigerian National Petroleum Corporation.
Under the agreement, Atlantic took charge of four oil blocks- OML 26 FHN, OML 30 Shoreline, OML 34 Niger-Delta Oil and OML 42 Neconde. It was to provide funds, technical services, drill and sell crude oil.

2 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by Bimpe29: 3:21pm On Jun 20, 2016
Nice one, let them cought out our money.

1 Like

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by precious1967(m): 3:24pm On Jun 20, 2016
nickxtra:
When will the E.F.C.C dispense with these cases?
efcc is not a judiciary but an agency against corruption.

3 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by texazzpete(m): 3:31pm On Jun 20, 2016
daddyrich:




I KNOW THAT JONATHAN IS THE ONLY AIR THAT YOU BREATHE. WITHOUT THE MENTION OF HIS NAME YOU CAN'T SURVIVE. WELLDONE


Can you please answer his question and stop dissembling?

4 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by nzemila(m): 3:44pm On Jun 20, 2016
As at the time, the company, which was barely a year old and had no history of producing a droplet of oil, was awarded controlling stakes in two lucrative oil blocks –
i was shocked, they should be in prison by now

3 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by Nobody: 3:53pm On Jun 20, 2016
I have already seen the season 2 of this movie.
it's called "yam eaters fall sick and request for treatment in Germany"
spoiler alert!!!

2 Likes

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by Bakass(m): 4:46pm On Jun 20, 2016
WHA HAPPEND TO BUKOLA SARAKI, y is de federal goverment of nigeria afraid of BUKOLA SARAKI and his case?
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by holadguy(m): 6:04pm On Jun 20, 2016
daddyrich:

Please fellow Nigerians Is EFCC set up to arrest only EX-Office holders? what happens to the thieves in power? Can we now say that nobody is stealing in the government except the Ex-officials.

Why wait to take back crumbs from Ex officials when you can equally catch them red-handed in the act and get back the raw and full cash even before they eat it.?

I strongly believe that the battle will be better won against corruption when the fight is all inclusive. Both old and new criminals in and out of office should be arrested and prosecuted alike.

Too much of one sidedness justice is a fraud.

All these Ex this Ex that EFCC arrests no longer make sense
where is the money to loot in this administration when previous 1 has looted everything.THINK WELL
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by tonguengineer(m): 9:46pm On Jun 20, 2016
dotG:
Thou must return the yam Thou eateth...Buhari 23:45
Yinmu
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by reality2019(m): 10:08pm On Jun 20, 2016
I will not take his anti corruption fight seriously,when he is dinning with corrupt people like tinubu,ameachi,fashola etc.for nown wat he is doing is fighting long time political enemies.
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by kgr8mike(m): 5:21am On Jun 21, 2016
DelGardo:
God don catch this one. On to the next one...

No bi God catcham na EFCC. God no bi EFCC.
Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by JideTheBlogger(m): 8:00am On Jun 21, 2016
ibietela2:
I thought it was Jidetheblogger i saw

hahaha. Abeg, no be me oo.

1 Like 1 Share

Re: EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering by Phobia1: 9:23am On Jun 21, 2016
daddyrich:

Please fellow Nigerians Is EFCC set up to arrest only EX-Office holders? what happens to the thieves in power? Can we now say that nobody is stealing in the government except the Ex-officials.

Why wait to take back crumbs from Ex officials when you can equally catch them red-handed in the act and get back the raw and full cash even before they eat it.?

I strongly believe that the battle will be better won against corruption when the fight is all inclusive. Both old and new criminals in and out of office should be arrested and prosecuted alike.

Too much of one sidedness justice is a fraud.

All these Ex this Ex that EFCC arrests no longer make sense
Am sure fayose is stil in power nd he myt b invited, indicted nd arrested. whos knows. ahahaha

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