$1.6bn oil fraud: How Omokore used my company to purchase cars for friends and associates-witness (Dailytimes)

Mr. Olutaye Ayeni, the 7th prosecution witness in the ongoing trial of Jide Omokore, an ally of former minister of Petroleum Resources, Diezani Allison-Madueke on Thursday gave a vivid account of how Omokore used his company (Atlantic Energy) to purchase cars for friends and associates. The witness, a Chief Executive Officer, Skymit Motors who was testifying at the resumed trial of Omokore before Justice Nnamdi Dimgba of the Federal High Court sitting in Abuja, explained that the defendant had at different times used his company ‘’ Skymit Motors’’to supply vehicles for his friends and associates. Omokore, is facing a nine-count amended charge of criminal diversion of funds to the tune of $1.6billion alleged to be proceeds of petroleum products belonging to the federal government. He is being prosecuted alongside Victor Briggs, Abiye Membere, David Mbanefo, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts by the Economic and Financial Crimes Commission, EFCC. Led in evidence by the prosecuting counsel Rotimi Jacobs, SAN, Ayeni, who specialises in auto sales and a dealer in Mercedes Benz, revealed how Omokore purchased series of cars from his company, to which he (Ayeni) received credit flow of over $8million between 2010 and 2015. Read more

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