THE DARK DEALS, MORE SCANDALS, DIRTS EMERGE IN HOW DIEZANI, ALUKO & OMOKORE WERE NAILED

THE DARK DEALS, MORE SCANDALS, DIRTS EMERGE IN HOW DIEZANI, ALUKO & OMOKORE WERE NAILED

TheCable has obtained copies of the controversial strategic alliance agreement (SAA) between the Nigerian Petroleum Development Company (NPDC) Ltd and Atlantic Energy Drilling Concepts (AEDC) Ltd that allegedly ripped off Nigeria by billions of dollars between 2011 and 2015.

NPDC is the oil development and production arm of the Nigerian National Petroleum Corporation (NNPC) while Atlantic Energy is owned by Jide Omokore and Kola Aluko, believed to be cronies of Diezani Alison-Madueke, who served as petroleum minister from April 2010 to May 2015.The SAAs are often derided by industry experts as the biggest organised scam in the history of Nigerian oil industry.

The trio have now been accused of money laundering by the US department of justice, which is seeking a forfeiture of at least $144m worth of assets regarded as proceeds of crime.

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Nigerian authorities, through the Economic and Financial Crimes Commission (EFCC), have also frozen the Nigerian assets of the trio over suspicion of money laundering and procurement fraud.Read full details here>>> newsheadline247