Court Discharges, Acquits Omokore, Firms of $1.6bn Fraud Allegations – THISDAYLIVE

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Court Discharges, Acquits Omokore, Firms of $1.6bn Fraud Allegations •Says formal procedure followed by the defendants in lifting, sale of crude oil Alex Enumah in Abuja After nearly seven years of legal battle, J

in Abuja

It was the case of the EFCC that the defendants under false pretense had obtained crude oil from the government when they never had the required funds or expertise to execute the said agreement between them and the federal government. According to the judge, the testimony of one of the witnesses, a former Group Managing Director of the Nigerian Petroleum Corporation , Andrew Yakubu revealed that the agreement between the 1st to 3rd defendants was legally filed and entered into by the parties.

The judge said, “I find it difficult to see how the 1st to 3rd defendants acted fraudulently “, adding that Yakubu, in his evidence had stated that the federal government entered the agreements to, “consolidate on the gains achieved from previous agreements.”

 

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