The Officials of the Economic and Financial Crimes Commission, EFCC, have arrested former Group Managing Director of NNPC, Andrew Yakubu and rearrested oil magnate, Jide Omokore early today.

An official briefed on the matter said the businessman would be arraigned alongside Andrew Yakubu, a former Group Managing Director of the Nigerian National Petroleum Corporation, who has also been picked up, according to Premium Times

Our sources said the duo would be charged before Justice Binta Nyako of the Federal High Court, Abuja on a four-count charge of money laundering.

According to EFCC insiders, other defendants in the case are Victor Briggs, Abiye Memnere, David Mbanefo, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited.

Yakubu became GMD of NNPC in 2012 after his appointment was approved by former President Goodluck Jonathan and was sacked Jonathan in 2014. Jide Omokore is a close associate of the former President and former Petroleum minister, Diezani Alison-Madueke.

Details soon

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