The Federal Government has initiated legal processes that would allow it freeze both local and international assets of Kola Aluko and Jide Omokore who are under investigation for their alleged involvement in a series of multi-billion dollar petrol import and crude export deals courtesy of former petroleum minister, Diezani Alison-Madueke.
Omokore is the chairman of Atlantic Energy Concept Nigerian Limited (AEDC) and Atlantic Energy Brass Development Limited (AEBD)- companies that were listed as first and second defendants in the suit.
His companies are alleged to have received multi-billion dollar worth of public assets without due process under the administration of Goodluck Jonathan.
Omokore’s company was awarded 2 blocs of oil OML 30 and 34 for over $50 million dollars each barely a year after they were created without producing a drop of oil.
The deal, which was signed by Diezani Alison-Madueke, gave Atlantic Energy Limited a controlling 55 percent stake in the oil bloc.
The Federal Government, with its co-plaintiff, Nigerian Petroleum Development Company Limited (NPDC) and Nigerian National Petroleum Corporation (NNPC), filed a motion before a Federal High Court in Lagos, asking for an order of mareva injunction, ordering 19 Nigerian banks, eight foreign banks and eight local and international firms to freeze the funds and assets in their possession owned by Omokore, Aluko, AEDC, and AEDB
The government is also seeking to freeze all local and international properties owned by the defendants including 3 private jets and a $50 million super yatch.
The government is also asking the court to restrain the defendants from “giving any sale or transfer instruction, demanding, accepting or receiving any payment or sale or dividend on the shares owned by the defendants,” in any of any of the eight local and international companies.
The companies include Mia Hotels Limited, First Motors Limited, V.I Petrochemical, Evergreen Realty and Management, Ox Trade Limited, De First Union Integrated Services, Amity Plus Limited, and Seven Energy International Limited.
The government also wants the court to “confiscate within seven days of all sums of money and negotiable instruments of credit of the defendants domestic accounts held in 19 domestic banks.”
The total sum held by the defendant was estimated to be $1.76 billion.
These houses in Nigeria and abroad are- on 755 Sarbonne Road, Los Angeles, 952 North Alphine Drive, Los Angeles, 815 Cima Del Mondo, Los Angeles, 1049 Fifth Avenue, New York, 1948 and 1952 Tollis Avenue, Santa Barbara, 157 West 57thStreet, New York, and 4100 Le Reve Dubai, were also requested to be seized.
Other Houses include- Avenue Towers, Lagos, Colina D’Oro Montagnola, Switzerland, Block A consisting of 26 Flats at No 46, Gerrard Road, Ikoyi, Lagos, Mason apartments situated at No6 Gerrard Road, Ikoyi, Lagos, Marion Apartment located at 4 and 5 Onikoyi Estate, Banana Island, Ikoyi, 33A Cooper Road Ikoyi, Lagos, 8 Gerrard Road, Ikoyi, Lagos, Griove End Road, London, Land, 807 Cima Del Mundo, Mont Tremblant, Canada.
The defending counsel, Tokunbo Jaiye-Agoro when the motion came up, asked for an adjournment as they were served the motion in court and needed time to prepare.
The presiding judge, Oluremi Oguntoyinbo subsequently adjourned the case to June 29.