Oil Magnate, NNPC Managing Director Arrested By EFCC

 According to reports The Economic and Financial Crimes Commission  has rearrested oil magnate, Jide Omokore, and will most likely charge him of money laundering.

An official briefed on the matter said the businessman would be arraigned alongside Andrew Yakubu, a former Group Managing Director of the Nigerian National Petroleum Corporation, who has also been picked up.

Reports said the duo would be charged before Justice Binta Nyako of the Federal High Court, Abuja on a four-count charge of money laundering.