EFCC to arraign former NNPC GMD, others on July 4

The Economic and Financial Crimes Commission (EFCC) has rearrested oil magnate, Jide Omokore, and a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, for alleged money laundering.

This was disclosed by a source from the Commission, who said that Omokore and Yakubu would be arraigned on four counts of money laundering.

“Other defendants to the charge are: Victor Briggs, Abiye Membere, David Mbanefo, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concepts Limited”, the source revealed.

The arraignment of Mr Andrew Yakubu, and others has been fixed for July 4.

Yakubu, Jide Omokore and others were expected to be arraigned by Economic and Financial Crimes Commission (EFCC) for alleged money laundering on Monday.

The defendants were not in court and sources told the News Agency of Nigeria (NAN) that  “My Lord has fixed the formal arraignment for July 4.’’