The first defence witness in the alleged $1.6billion oil fraud, Olajide Omokore, has explained why one of his companies, Atlantic Energy Drilling Concept, paid $3,569,979 to YF Construction Development Estate Limited.
Omokore in a statement on Thursday by the EFCC’s spokesperson, Wilson Uwujaren, said his company and YF Construction build and sell properties together. “Asked whether he has a Joint Venture with the company, he said, no but added that, maybe his legal department has. The prosecuting counsel asked him to look at page 2 on Exhibit Atlantic 64 to confirm an invoice to his company, Energy property for the purchase of “Jaguar Ultimate” at 36 million naira, on October 14, 2013. He confirmed the invoice.
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