Court Orders Worldwide Freeze Of $1.8 Billion Assets of Kola Aluko, Jide Omikore (+PHOTOS)

Court Orders Worldwide Freeze Of $1.8 Billion In Assets Stolen By Kola Aluko, Jide Omikore And Atlantic Energy.

A Federal High Court in Lagos has granted the Federal Government injunctions freezing assets and funds in and outside the country traced to two Nigerian businessmen, Kola Aluko and Jide Omokore, as well as their companies – Atlantic Energy Drilling Concepts Nigeria Limited (AEDC), Atlantic Energy Brass Development Limited (AEBD).

Omokore and Aluko are accused of benefiting from some shady transactions with the immediate past Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

They are also said to be indebted to the government to the tune of $1.8 billion.

Justice O. O. Oguntoyinbo, in an ex-parte ruling, granted mareva injunctions restraining the duo from dealing with the funds in some local and foreign banks and assets in Nigeria and abroad, pending the determination of a substantive suit filed by the Federal Republic of Nigeria (FRN), Nigerian Petroleum Development Company (NPDC) and Nigerian National Petroleum Corporation (NNPC).