EFCC Arrests Atlantic Refinery MD Over Alleged Diversion Of $35 Million Oil Funds

EFCC Arrests Atlantic Refinery MD Over Alleged Diversion Of $35 Million Oil Funds …C0NTINUE READING HERE >>>

The Economic and Financial Crimes Commission (EFCC) has detained the Managing Director of Atlantic International Refinery and Petrochemical Limited, Akintoye Akindele.

The MD was arrested over alleged misappropriation, money laundering and diversion of public funds to the tune of $35m.

Sources who spoke to Punch disclosed that the Nigeria Content Development and Monitoring Board was said to have paid $35m to Akindele to build a 2,000 barrel-per-day refinery, jetty, gas plant, power…

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