Court orders worldwide freeze of $1.8billion in assets of Kola Aluko & Jide Omokore

A federal high court in Lagos has granted
a Mareva injunction permitting the
Nigerian government to freeze assets
owned by two Nigerian businessmen Kola
Aluko and Jide Omokore, and their
company Atlantic Energy. The individuals
are linked to former Nigerian oil minister,
Diezani Alison-Madueke in a wide range
shady business dealings that illegally
transferred Nigerian oil assets to them
and their companies.
The legal documents, exclusively obtained by
SaharaReporters, demanded a global freeze of
$1.8 billion in assets stolen by Atlantic Energy
executives Kola Aluko and Jide Omokore. This
development follows reports that Mr. Aluko sold
his lavish Bel-Air mansion in Los Angeles, USA
at a $2 million loss. Mr. Omikore has also been
under intense scrutiny by the Economic and
Financial Crimes Commission (EFCC), which
seized a 2 million pound wristwatch from him on
April 27th, 2016 and raided his Nigerian homes
on October 2nd, 2015.
Atlantic Energy was granted enormous contracts
from the Nigerian Petroleum Development
Company (NPDC) under the direction of the
embattled former Minister for Petroleum
Resources Madueke. According to reports, when
Mrs. Madueke granted Atlantic Energy contracts
through the Strategic Alliance Agreements (SAA)
the company did not even legally exist.
According to legal documents, available below,
Mr. Aluko and Mr. Omikore stole more than $1.7
billion from the Nigerian government.
Assets specifically mentioned include three
mansions in Los Angeles, two high-end
apartments in New York City, properties in Santa
Barbara, California; numerous properties in
Lagos including 43 apartments in Banana Island,
58 vehicles, the Galactica Star yacht, and three airplanes.