Nigerian Oil Tycoon, Okoloko Reportedly Burdened By Multi-billion-naira In Debts To Estranged Wife’s Company, Enmeshed In Divorce Scandal - sahara reporter

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Nigerian Oil Tycoon, Okoloko Reportedly Burdened By Multi-billion-naira In Debts To Estranged Wife’s Company, Enmeshed In Divorce Scandal - sahara reporter




The duo are currently enmeshed in a messy divorce following allegations of extra-marital affairs.

about her business relationships with Okoloko’s Midwestern Oil & Gas Company Limited, Mr. Tonye Cole’s Sahara Energy Group, Chief lkpea Leemon of Lee Engineering Group, Mr Donald Amamgbo, and Mr Afam Nwokedi.

Miss Olatimbo Bukola Ayinde, Christopher Aire, Harcourt Adukeh, Julian Osula, Dauda Lawal, Mr Leno Laithan, Atlantic Energy Drilling Concept Limited and Atlantic Energy Brass Development Limited, both owned by Jide Omokore, Septa Energy Limited, and others were among those named.

Fraudulent Oil Billionaire, Onajite Okoloko owes his estranged wife, Salma Okoloko, and her company, TECTONIC Oil, $35million and N6billion respectively through his company, Eroton Exploration.

Despite the Court ordering him to pay, he filed for a divorce in 2020, threatening to kick her out of their Florida home with their two kids.

The funny part is, instead of filing divorce in Florida, U.S where they got married and where he confirmed as his place of residence, he went to Badagry, Lagos, paid a Judge N50million to assume jurisdiction and take the divorce case.

The divorce case is now at the Appeal court where Okoloko has also paid millions to the Judges to give him favorable judgement.

Okoloko and his Eroton Exploration have been in and out of the EFCC after he is accused of mismanaging OML18, under reporting production of the oil field which under him, fell from 30,000 barrels per day to 1,000 barrels per day.

https://saharareporters.com/2023/07/02/nigerian-oil-tycoon-okoloko-reportedly-burdened-multi-billion-naira-debts-estranged

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