FG Recovers $14million From Jide Omokore's Firm - Premium Times - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / FG Recovers $14million From Jide Omokore's Firm - Premium Times (24826 Views)
Whistle-blower: FG Recovers Another $151m, N8b Looted Funds / EFCC Arrests Jide Omokore & Andrew Yakubu, EX- NNPC GMD, for money laundering / Jide Omokore Arrested By EFCC (2) (3) (4)
| FG Recovers $14million From Jide Omokore's Firm - Premium Times by Ovularia: 8:36pm On Feb 03, 2016 |
Nigerian govt. recovers over $14million in unpaid oil royalty from Jide Omokore’s firm February 3, 2016 Nicholas Ibekwe The Nigerian government has succeeded in compelling the Chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Jide Omokore to cough out over $14m, being crude oil royalty which his company failed to remit to the federal treasury, administration insiders have told PREMIUM TIMES. High ranking federal officials familiar with the development told this newspaper that the funds were supposed to have been paid between 2011 and 2012 by Atlantic Energy which was, in controversial circumstances, awarded oil assets by the Goodluck Jonathan government shortly after it was incorporated in 2010. Our sources said the money was finally paid into the Federal Government’s account with JP Morgan Chase on January 29, after the Economic and Financial Crimes Commission waded into the matter of recovering taxes due to the Federal Government. “The investigation of tax defaulters in the dollar-soaked oil industry is continuing,” a source at the EFCC said Wednesday. “Those who failed to willingly pay up stand the risk of arrest and prosecution for tax fraud.” Operatives of the EFCC had on January 27 questioned Mr. Omokore, an ally of former President Jonathan in connection with a series of multi-billion dollar crude export deals. Mr. Omokore could not be reached for comments Wednesday. But his company recently issued a statement saying it was getting back on course after submitting its plan to settle outstanding financial commitments to the Nigerian authorities. Incorporated as Atlantic Drilling Energy Concept Limited on July 19, 2010, it signed a Strategic Alliance Agreement with the Nigerian Petroleum Development Company (NPDC) shortly afterwards. The NPDC is the upstream production subsidiary of the Nigerian National Petroleum Corporation. Under the agreement, Atlantic took charge of four oil blocks- OML 26 FHN, OML 30 Shoreline, OML 34 Niger-Delta Oil and OML 42 Neconde. It was to provide funds, technical services, drill and sell crude oil. The company was later accused of lifting crude oil, but remitting only a fraction of its worth to government. In 2012, according to NNPC insiders, Atlantic Energy paid $168m into the government’s account, but lifted about three million barrels – valued at over $350 million. In 2013, it also lifted about two million barrels of crude valued at about $240million, but paid only $68million. Similarly, in 2014, Atlantic Energy paid zero cash-call, but lifted about 500,000 barrels of crude oil, valued at $54 million. The EFCC recently raided the business premises of Mr. Omokore, making away with documents and computers. A source also said Mr. Omokore was later instructed by the presidency to reconcile his accounts with NPDC, and immediately pay up the several billions he is owing the Nigerian government for allegedly lifting crude without remitting the proceeds. http://www.premiumtimesng.com/news/headlines/197932-nigerian-govt-recovers-14million-unpaid-oil-royalty-jide-omokores-firm.html 14 Likes 3 Shares |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by AngryNigerian(m): 8:50pm On Feb 03, 2016 |
Wow! Good news!!! More to come... 17 Likes |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Retributionn: 8:52pm On Feb 03, 2016 |
And some IPOB Youths will tell us that Buhari is not working At this rate, the budget will be funded with recovered loot under the corrupt drunkard and buffoon called Jona.daft God bless Bubu 166 Likes 9 Shares |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Obiodunukwe: 9:03pm On Feb 03, 2016 |
Nigeria on the mend Lalasticlala Jide Omokore don dey drop money small small FP Material 13 Likes |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Majikals(m): 9:06pm On Feb 03, 2016 |
Corruption is truly worse than murder... It's a genocide carried out on the future of younger generations and their children unborn. Take out corruption from Nigeria or at least trim it down to a tolerable point n watch her blossom... 71 Likes 4 Shares |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by paycash: 9:10pm On Feb 03, 2016 |
I think APC should leave all these criminals so that we can move forward, Everyday more secret open concerning PDP and things had became worsen as supporters and their criminals are everywhere trying to defend looters and preventing them from returning our money. I believe we should encourage Buhari and his fellow APC for the future of our Nation Nigeria and forget about promising of defeat Boko Haram that Jonathan and his fellow PDP promised but nothing to show for it. 6 Likes 2 Shares
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| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Obiodunukwe: 9:13pm On Feb 03, 2016 |
paycash: APC should leave all these criminals?? What an IPOBIC statement! No! Majority of Nigerians support the President We want our money back! Nigeria will not be in this state if Jona.daft controlled leakages in public finance Chase them Bubu 121 Likes 5 Shares |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Majikals(m): 9:17pm On Feb 03, 2016 |
paycash: Are you possessed? Drop party affiliation aside (except if you are getting paid) n reason out of the box for once... APC, PDP etc doesn't give a feck about u. Applaud good achievements when you see it n constructively criticise bad policies when they come... 94 Likes 5 Shares
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| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by paycash: 9:18pm On Feb 03, 2016 |
Obiodunukwe: Am ashame of this Country as thief everywhere. 3 Likes |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by kernel501: 9:20pm On Feb 03, 2016 |
I'VE NOT SEEN ANY APC ECONOMIC TEMPLATE , EVERYTIME CHASING ONE RAT OR MOUSE. MEDIA TRIAL IS JUST THE BEST WAY TO FOOL APC FANATICS, FG- "YOU MUST PAY $5.2 BILLION DOLLARS" MTN- "COME AND TAKE IT". 12 Likes 2 Shares |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by zurine(f): 9:21pm On Feb 03, 2016 |
hmm |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Obiodunukwe: 9:30pm On Feb 03, 2016 |
paycash: If you are truly ashamed, you wont tell Buhari to stop the investigations These corrupt practices have to stop my bro 15 Likes 1 Share |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by phemmyutd(m): 9:37pm On Feb 03, 2016 |
Approximately $4.2b..
Weldon bubu 1 Like |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by paycash: 9:43pm On Feb 03, 2016 |
Obiodunukwe: My friend by the time PMB get to probe oil, NDDC others APC will tire and I am sure then GEJ would be arrested. 4 Likes |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by brunofarad(m): 9:47pm On Feb 03, 2016 |
Ghe ghen Action film |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by ladyF(f): 9:47pm On Feb 03, 2016 |
 Chai Chai Chai. All this money they are recovering, there is God ooooIt's [size=15pt]LadyF[/size] again.  |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by TippyTop(m): 9:49pm On Feb 03, 2016 |
How much has Danjuma returned, is he not one of the biggest oil scammer in Nigeria? 2 Likes 1 Share |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by omogin(f): 9:50pm On Feb 03, 2016 |
Straight into buhari's pocket for relooting. That's the only way you explain why fed workers are owed 3 months 5 Likes 2 Shares |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Nobody: 9:51pm On Feb 03, 2016 |
This news go pain Angelberry well-well.  |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by YelloweWest: 9:51pm On Feb 03, 2016 |
BREAKING NEWS! SUPREME COURT UPHOLDS ELECTION OF AKWA IBOM STATE GOVERNOR UDOM EMMAUEL!!! ALSO AFFIRMS ELECTION OF ABIA STATE GOVERNOR OKEZIE IKPEASU!!! PDP ALL THE WAY! 2 Likes 2 Shares |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by saintkel(m): 9:52pm On Feb 03, 2016 |
Retributionn:OP abeg ban dis guy now. 2 Likes 1 Share |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by gigabyte13: 9:52pm On Feb 03, 2016 |
Thank God for PVC. No wonder the 2nd Niger bridge still remain a dream. 3 Likes |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by mrking3(m): 9:52pm On Feb 03, 2016 |
Massive! 1 Like |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Politicalidiot: 9:53pm On Feb 03, 2016 |
OmG. this is actually good at all levels. Now for once, we can say 'Bubu is working." Wailers Caveat Emptor 3 Likes |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by sagewonders(m): 9:53pm On Feb 03, 2016 |
Retributionn: must everything be IPOB can't you just respect yourself and behave matured. this is more than nonsense. if you don't no what to comment keep quite. Buhari travel IPOB BUHARI come back. BUHARI commission pure water company. you will make noise n call IPOB I just pray for Nigeria youths. we need little sense 3 Likes |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by MyLady11(m): 9:53pm On Feb 03, 2016 |
Hmmm |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by thefakestan: 9:53pm On Feb 03, 2016 |
Return/Refund come my side now. ThefakeStan 1 Like |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by truthspeaks: 9:53pm On Feb 03, 2016 |
Media trial n propaganda as usual. Imprison diz ppl n I ll believe d anti-corruption war. If not, pls buhari shld face d economy n stop all dis media shit. AngryNigerian: |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by bettercreature(m): 9:54pm On Feb 03, 2016 |
1 Like |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by Nobody: 9:55pm On Feb 03, 2016 |
paycash:Just imagine. 6 weeks. Na only 2.1 Billion we see. |
| Re: FG Recovers $14million From Jide Omokore's Firm - Premium Times by MyLady11(m): 9:55pm On Feb 03, 2016 |
Politicalidiot: |
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