Update: Judge fixes July 4th as new arraignment date for Omokore, Yakubu, other defendants because did not show up in court as earlier scheduled.

BEVERLY HILLS, June 20, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) will today charge businessman, Mr. Jide Omokore before Justice Binta Nyako of the Federal High Court in Abuja on allegations of money laundering.

Mr Omokore, who was a major player in the oil sector during the last administration, was arrested over the weekend, according to sources familiar with the matter.

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EFCC sources said Omokore would be docked alongside a former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu.

Others to be charged for the same alleged crime, according to the commission include Mr. Victor Briggs, Mr. Abiye Memnere, Mr. David Mbanefo, and Mr. Omokore’s companies -Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited.

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