A federal high court in Abuja has discharged and acquitted
Jide Omokore, chairman of Atlantic Energy Drilling Concepts Nigeria Limited, of
fraud allegations.
Omokore was arraigned by the Economic and Financial Crimes
Commission (EFCC) alongside Victor Briggs, Abiye Membere, and David Mbanefo on
a 15-count charge.
They were alleged to have fraudulently diverted about $1.6bn
alleged to be part of proceeds of sales of petroleum products belonging to the
federal government.
Although Omokore was acquitted of the charges by the court
on Tuesday, his co-defendants were found guilty and convicted.
Omokore, an ally of Diezani Alison-Madueke, a former
minister of petroleum, was initially arraigned on July 4, 2016.
He and the co-defendants were arraigned before Justice
Nnamdi Dimgba.
Their alleged offences were said to be contrary to section 1
(1) (b) of the Advance Fee Fraud and Other Fraud Related Offences Act and
punishment under section 1(3) of the same Act.
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