$1.6bn OMLS 60 Trial : Court Grants Two Defendants Leave to Travel Abroad for Medical Check Up

A Federal High Court, Abuja, Wednesday, granted two of the defendants in the ongoing trial of Jide Omokore and five others to travel abroad for medical check up.
Justice Nnamdi Dimgba gave the order when counsel to the 4th and 5th (Victor Biggs and Abiye Membere), moved the application.
The order came after the 3rd prosecution witness, Idris Agiri, had testified.
An ally to the former Minister of Petroleum Resources,including Diezani Allison-Madueke, Omokore is being prosecuted alongside the former Managing Director of the Nigerian Petroleum Development Company, NPDC, Victor Briggs, former Group Executive Director, Exploration and Production of the NNPC, Abiye Membere, former Manager, Planning and Commercial of the NNPC, David Mbanefo, on a nine-count amended charge of criminal diversion of about $1.6bn alleged to be proceeds of petroleum products belonging to the Federal Government.
Equally charged by the Economic and Financial Crimes Commission (EFCC) are two corporate entities, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited, allegedly owned by Omokore .
The witness, Agiri recalled that he never heard of the companies, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited,
Led in evidence by the prosecuting counsel, Rotimi Jacobs, Agiri said: “To the best of my knowledge I am hearing these companies for the first time. Cash call was never paid by them, as far as I am concerned”, Mohammed said when asked if any of the companies (2nd and 3rd) has made any payment on the OMLS .
Agiri took time to explain the working of the joint venture through Strategic Alliance Agreement OMLS 60.
According to him, Nigerian National Petroleum Corporation (NNPC) and Nigerian Petroleum Development Company (NODC) holds 60 percent of the shares while 40 percent behind to joint partners.
“At the beginning of year there is what we call work programme, it holds meeting for the budget for that year.
“On monthly basis the representative of the operator and non operator come together to agree on activities to be funded in a month.
Once agreed by the parties on the money to be spent and ter the approval made, a mandate of payment is sent to the CBN on monthly basis. The operators will render monthly account in returns.
“Representatives of operator and non operator will also sit to agree on cash flow payable to the government.”
Agiri also said that the cash flow is paid by the partners before allowed to go for exploration.
Agiri stressed that cash call is an obligation to parties both operators and non operators
Some of the documents for payment of the cash call admitted in evidence.
The court adjourned till July 10, for cross examination of the witness.
Some of the allegations including the defendants include: “That you, Olajide Jones Omokore, Atlantic Energy Brass Development Ltd, Atlantic Energy qqDrilling Concepts Ltd and Kolawole Akanni Aluko (now at large) between May and October, 2013, within the jurisdiction of this honourable court, by false pretence and with intent to defraud, induced the Nigerian Petroleum Development Company, Nigeria National Petroleum Corporation (NNPC) and the Federal Government of Nigeria to deliver to you 5, 652, 227 barrels of crude oil (Brass blend) valued at the sum of US $ 616, 013, 615.27, through the medium of contact (Strategic Alliance Agreement) which delivery was induced by false pretence to wit: the representation that you have technical competence, professional skills and funds (both local and foreign) necessary to support NPDC in petroleum operation for the OML 60, 62, 62 and 63 and you thereby committed an offence contrary to Section 1 (1b) of the Advance Fee Fraud and other fraud related offences Act CAP A6 2010 Laws of the Federal Republic of Nigeria and Punishable under Section 1 (3) of the same Act.
“That you, Olajide Jones Omokore, Atlantic Energy Brass Development Ltd, Atlantic Energy Drilling Concepts Ltd and Kolawole Akanni Aluko (now at large) between May 2013 and March 2014, within the jurisdiction of this honourable court obtained by false pretence and with intent to defraud 7, 551, 867 barrels of crude oil (Brass blend) valued at the sum of US$ 823, 075, 189.95 from Nigerian Petroleum Development Company, Nigeria National Petroleum Corporation (NNPC) and the Federal Government of Nigeria on the false pretence that you had funds (both local and foreign) necessary to support the Nigerian Petroleum Company Ltd in Petroleum operation for the OML 60, 61, 62 and 63 and you thereby committed an offence, contrary to Section 1 (a) of the Advance Fee Fraud and other fraud related offences Act CAP A6 2010 Laws of the Federal Republic of Nigeria and punishable under Section 1 (3) of the same Act.
“That you, Olajide Jones Omokore, Atlantic Energy Brass Development Ltd, Atlantic Energy Drilling Concepts Ltd and Kolawole Akanni Aluko (now at large) sometime in 2013 within the jurisdiction of this honourable court, did conspire amongst yourselves to commit an offence to wit: laundering of proceeds of an unlawful act and you thereby committed an offence contrary to section 18 (a) of the money laundering (prohibition) 2011 as amended in 2012 and punishable under Section 15 (3) of the same Act.
“That you Victor Biggs (while being the Managing Director of the Nigerian Petroleum Development Company (NPDC), Abiye Membere (while being the Group Executive Director, Exploration and Production of the NNPC, David Mbanefo, while being manager, Planning and Commercial of the NNPC between 2013 and 2014n within the jurisdiction of this honourable court did conduct procurement fraud by means of corruption when you collected car gift from Olajide Jones Omokore, Atlantic Energy Brass Development Ltd, Atlantic Energy Drilling Concepts Ltd and Kolawole Akanni Aluko on account of Strategic Alliance Agreement they had with NPDC and you thereby committed an offence contrary to Section 58(4b) of the Public Procurement Act CAP P44, Laws of the Federation to of rrest 2010 and punishable under Section 54(5) of the same Act”.

Author: News Editor

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