*$2.1bn arms probe: I don’t open President’s parcels—Jonathan’s ex-ADC By Soni Daniel, Northern Region Editor
ABUJA— The Chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Mr. Jide Omokore, has reportedly been cooperating with operatives, who are probing him over multi-billion oil swap deals between his firm and Nigerian National Petroleum Corporation, NNPC. Ibrahim Magu Omokore, an active player in the oil sector during the previous administration, was taken in by EFCC last week to assist them in unraveling how his firm won oil swap deals running into billions of dollars, and whether such money had been remitted to the coffers of the government.
A source confided in Vanguard last night: “We are trying to extract from him the quantity of oil his company was awarded under the oil swap deal and how much he has so far remitted to the government. “So far, he has been cooperating with our operatives but we have not extracted the exact figure of what the deals were worth; we are certainly making progress.” Asked if he would be charged to court over the deals, the source said the investigation had not progressed to where charges could be pressed yet. Omokore’s company was among those accused of lifting crude oil, worth billions of dollars, but only remitting a fraction of its worth to the government.
