Skip to main content

£2m wristwatches seized from Diezani, Omokore’s wife -EFCC

The Economic and Financial Crimes
Commission has said it seized wristwatches worth £2m from the wife of the Chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Mr. Jide Omokore, and a former Minister of Petroleum Resources, Mrs. Diezani Alison Madueke.

The anti-graft agency seized a wristwatch worth £1.4m from Omokore's wife, while a wristwatch worth £600,000 was seized from Alison-Madueke, a source at the agency told one of our correspondents.

The source said the agency seized
expensive jewellery and the wristwatches during various raids on houses of some suspects on Banana Island, Ikoyi, Lagos, and other places.
The source added that the items seized from the suspects would be displayed to journalists in Nigeria.

The firm of Omokore, who was quizzed in January by the commission, was one of the companies that allegedly received
multi-billion dollars worth of public
assets without due process from the
Jonathan administration.

The company, which was established in 2010, had reportedly not explored any oil when it was curiously awarded
controlling stakes in two lucrative oil
blocks, OML 30 and 34, for just over
$50m each.

The deal, which was signed by Jonathan's Minister of Petroleum Resources, Diezani Alison-Madueke, gave Atlantic Energy Limited a controlling 55 per cent stake The former minister had been interrogated by the Metropolitan Police on issues relating to money laundering.

The EFCC source said the commission
had started analysing information on
Nigerians, including the President of the Senate, Dr. Bukola Saraki, and others mentioned in the Panama Paper leaks.

It was gathered that the commission had seized one hospital equipment known as MRI, Medical Resonance Image, from a former Chief of Air Staff, Air Marshal Adesola Amosu (retd). The equipment is worth N2.6bn.

The EFCC had previously recovered over N2.3bn cash from Amosu, while
properties worth over N1bn had been
seized from him.

Sent from my BlackBerry wireless device from MTN

Comments

Popular posts from this blog

EMIR OF KASTINA TELLS PRESIDENT BUHARI TO SIGN PEACE CORPS BILL

The Emir of Katsina, Abdulmumini Usman, has declared support for the Peace Corps bill passed by the National Assembly. The bill, which seeks to turn the Peace Corps, a non-government organisation, into a government paramilitary agency, has elicited mixed reactions from Nigerians. Proponents see it as an avenue to create jobs for thousands of youth while critics describe as a duplication of functions already being performed by existing agencies and creation of another bureaucracy at a time the country is finding it difficult to pay workers' salaries. The bill was opposed by existing military and security institutions in Nigeria and the Peace Corps leader Dickson Akoh is currently being prosecuted for alleged fraud. Apart from lawmakers, the bill is also supported by some prominent Nigerians including the Minister of Sports, Solomon Dalung, who also asked Mr. Buhari to sign to it. The News Agency of Nigeria reports that the Katsina emir made a similar call on the president on Thursda...

AKEREDOLU, KEKEMEKE AND OTHERS BID MRS FAGUNWA GOODBYE

CBN Says It Can’t Reverse The Ban On ATM Card Use Abroad

The decision of Deposit Money Banks, DMBs, to place a restriction on the use of ATM cards abroad by bank customers is due to scarcity of foreign exchange, the CBN has said.The CBN said although it sympathizes with Nigerians for the sufferings they are experiencing in carrying out transactions abroad, it can't reverse the decision of DMBs and the CBN is in support of it as it would assist in reducing the pressure on the Naira.The Director, Monetary Policy Department, CBN, Mr. Moses Tule, explained that the restriction might continue until Nigeria could increase its foreign exchange earnings. He said if banks had not taken the decision to restrict the use of the ATM cards abroad, some of them would current be experiencing challenges meeting the overseas demand of their customers.May GOD help Us.. AMEN!!!