• Court orders freezing of $1.8bn assets of Kola Aluko, Omokore and their company Atlantic Energy

    Court orders freezing of $1.8bn assets of Kola Aluko, Omokore and their company Atlantic Energy

    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 Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, in a wide range of shady business dealings that illegally transferred country’s oil assets to them and their companies.

    The legal documents, exclusively obtained by an online publication, SaharaReporters, demanded a global freeze of $1.8 billion […]