Billionaire Oil Tycoon Jide Omokore Arrested By EFCC

Mr. Jide Omokore-OnoBello

Billionaire oil tycoon and a major player in the oil and gas sector during the Goodluck Jonathan administration Mr. Jide Omokore has been arrested by officials of the Economic and Financial Crimes Commission (EFCC) for questioning over corruption and money laundering charges.

According to report by THEWILL, an official at the EFCC, who asked not to be named told news agency Reuters that Omokore, who is co-chairman of Atlantic Energy, was being investigated in connection with a crackdown on corruption in the oil sector that has swept up former oil minister Diezani Alison-Madueke, who was arrested last week in London with four other persons were briefly detained alongside Deziani in London.









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