General
$1.6b Oil Fraud: How Diezani’s Ally, Jide Omokore, Bought Cars for Friends–Skymit Motors CEO
By Dipo Olowookere
The trial of Mr Jide Omokore, an ally to former Minister of Petroleum Resources, Ms Diezani Allison-Madueke, in an alleged case of $1.6 billion oil fraud continued on Thursday, April 26, 2018 before Justice Nnamdi Dimgba of the Federal High Court, Abuja, with the seventh prosecution witness, Olutaye Ayeni, testifying.
Omokore, is facing a nine-count amended charge of criminal diversion of funds to the tune of $1.6 billion 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).
Ayeni, Chief Executive Officer, Skymit Motors, in his evidence narrated how Omokore used his company (Atlantic Energy) to purchase cars for friends and associates.
Led in evidence by Rotimi Jacobs, SAN, counsel to EFCC, 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.
When asked of the relationship between his company and Omokore, the witness said:
“I know Omokore for the past 32 years and we have been a business partner for over 24 years.
The transaction between my company and the defendant’s company was the supply of vehicles to him”.
Explaining how the cars were supplied, Ayeni said, “Before 2015, the defendant was one of our customers. He used to order cars and we supply to him. Sometimes he pays cash advance and sometimes in credit”.
The PW7 stated that, “after the defendant had placed his order – the type, make of cars and possibly the colour; we make delivery directly to him (Omokore) and sometimes through his company staff”.
He added that deliveries of cars were usually not made to third party except on customer’s request.
“We don’t make deliveries to third party except our customer asks us to do so”, he said.
Going further, the witness said “We sold to the defendant Mercedes Benz S550 at the cost of N26million in the name of Mbanefo David/Chief Omokore and another Mercedes M350 at the cost of N23 million in the name of Nneka Bricks.
Rotimi sought to tender the statement of account of the witness for July 2014, which contained names of individuals including Uche Secondus, Chairman, Peoples Democratic Party, PDP, who were supplied with cars on the order of Omokore, but was overruled following an objection by counsel to the 3rd defendant.
On the number of vehicles supplied to a third party on the order of Omokore, the PW7 stated that the cars were supplied in batches of 25, 9, 22 and 20 pickups.
He told the court that, he could not recall the actual amount involved in the purchase of the cars adding that different sums were credited to his company’s account on different dates.
Reading from ‘Exhibit 1’, a document already in evidence before the court, Ayeni said: “$1.26 million was credited to Skymit. Other payments received from the defendant’s Sky Bank account include – $1 millon on November 6, 2013; Two payments of $1 million each on July 8, 2014; $1.5 million on August 11, 2014 and $1 million on September 17, 2014”.
The case has been adjourned to April 27, 2018 for continuation of trial.
By Modupe Gbadeyanka
The Rivers State House of Assembly has adjourned its legislative duties indefinitely, frustrating the re-presentation of the 2025 budget by Governor Siminalayi Fubara.
Recall that this week, precisely on Wednesday, Mr Fubara was at the makeshift premises of the parliament to present the 2025 Appropriation Bill to the Rivers Assembly as directed by the Supreme Court, but he was shut out.
He was not allowed to enter for the presentation of the budget. He, right there, informed journalists that he had earlier called the Speaker, Mr Martin Amaewhule, on the phone of his intention to be at the Assembly.
The next day, during a media chat, his predecessor, Mr Nyesom Wike, who is currently the Minister of FCT, lambasted his successor, saying he was trying to blackmail the state legislators.
At the plenary on Friday, the lawmakers, who are loyal to Mr Wike, agreed to indefinitely suspend sittings, a move that could make it impossible for the Governor to legitimately spend any government funds.
By Aduragbemi Omiyale
No fewer than one million bags of rice weighing 10kg each will be distributed in the 774 local government areas of Nigeria by the Aliko Dangote Foundation.
The organisation made this disclosure on Thursday at the launch of the 2025 Annual National Food Intervention Project valued at N16 billion.
The distribution of the food item will begin in Kano State, and then to other states, the chairman of the foundation, Mr Aliko Dangote, disclosed.
“This annual initiative, which embodies compassion, solidarity, and shared responsibility, is part of our response to the current economic challenges facing our nation. It reflects our commitment to supporting our communities in line with our core values,” the businessman, who was represented by his daughter, Ms Marya Aliko Dangote, explained.
“We are collaborating with state governments to ensure that the food reaches the most vulnerable individuals in each state.
“Our foundation focuses on improving the living conditions of Nigerians through support for projects which tackle hunger and water supply problems, strengthen the quality and scope of health and education, and promote economic empowerment at the community level
“I believe that today’s event will help tackle hunger and help the most vulnerable people break their fast. We are playing our role in enhancing the living conditions of our people.
“I urge other industrialists and firms to lend a helping hand in combating hunger through programmes and initiatives that will place food on the tables of vulnerable Nigerians.
“This job should not be left to the government alone, rather we need a public-private partnership that will help us in fighting the scourge.
“I commend the government at all levels for efforts in addressing the food crisis. I am certain that with time, we shall overcome these challenges; therefore, let us support the government in achieving its target of a better life for Nigerians,” the richest man in Africa stated.
The Governor of Kano State, Mr Abba Yusuf, who flagged off the event, said the intervention reflects the unwavering commitment of Mr Dangote in addressing poverty and hunger in Nigeria.
Mr Yusuf, represented by his deputy, Mr Aminu Abdulsalam Gworzo, said 120,000 bags of 10kg rice would be distributed across the 44 Local Government Areas of the state, describing the industrialist as humane.
To ensure transparency in the distribution process, he said the state government has set up a committee comprising of relevant ministries, CSOs, religious leaders, departments and agencies, local authorities, the Hisbah Board and security agencies.
On her part, the chief executive of the Aliko Dangote Foundation, Ms Zouera Youssoufou, said the gesture was a way of giving back, and supporting governments in fighting poverty and hunger in Nigeria.
“We are going to other states to distribute the products, but we’ve just flagged off in Kano,” she told newsmen on the sideline of the Kano Government House, venue of the flag off,” she stated.
By Adedapo Adesanya
Operatives of the Nigeria Customs Service (NCS) have intercepted $1,154,900 and SR135,900 undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA).
NCS spokesman, Mr Abdullahi Maiwada, disclosed this in a statement on Thursday, revealing that the seizure was made recently during a routine baggage check on an inbound passenger, Mrs Hauwa Ibrahim Abdullahi, who arrived on Saudi Airline Flight No. SV401 from Saudi Arabia.
According to Mr Maiwada, during the physical examination of the passenger’s luggage conducted by NCS Officers, the undeclared currency was discovered concealed within palm-date fruit packs locally referred to as Dabino.
He stated that the interception aligns with the NCS’s commitment to enforcing financial regulations and preventing illicit financial flows across Nigeria’s borders.
“In line with established procedures, the suspect and the seized foreign currency have been handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation and necessary legal action,” the statement read.
“Subsequently, the court convicted the defendant as charged and ordered the forfeiture of the undeclared money to the Federal Government in line with the provisions of the Money Laundering (Prevention and Prohibition) Act of 2022.
“The Service reiterates that all travellers must comply with Nigeria’s financial regulations, particularly the legal requirement to declare any cash or negotiable instruments exceeding the approved threshold when travelling in or out of the country. The Money Laundering (Prevention and Prohibition) Act of 2022 and the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 1995, provide clear guidelines on currency declaration. Non-compliance with these regulations constitutes a violation of Nigerian law and attracts severe penalties. The Service, therefore, urges the public to adhere strictly to these requirements to avoid legal consequences.
“Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, the NCS remains resolute in its enforcement efforts to combat smuggling, illicit financial transactions, and other trans-border crimes.
“This latest seizure highlights the Service’s unwavering dedication to protecting the nation’s economic interests and ensuring compliance with financial regulations.
“The NCS will continue to collaborate with relevant government agencies and stakeholders to strengthen border security, enhance compliance with financial laws, and safeguard Nigeria’s economy.
“Travellers and stakeholders in the financial sector are advised to remain vigilant and always adhere to lawful financial practices,” he added.
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