Nigerian billionaire business magnate and investor, Idahosa Okunbo, who is the owner of Ocean Marine Security Ltd and several other companies in Nigeria is one of the most controversial figures in Nigeria’s politics. His companies Ocean Marine Security Ltd and PPP Fluid Mechanics were subjects in one of Nigeria’s biggest corruption scandals involving Deziani Alison Madueke under former president Goodluck Jonathan’s administration.
Okunbo among others embezzled billions of dollars belonging to the Nigerian government through oil contracts from the NNPC, spearheaded by Deziani all under the authority of Goodluck Jonathan. Investigations have been ongoing on the series of corrupt deals that the above parties since they were exposed but till this day no final verdict has been pronounced on any of the parties for their corrupt dealings. It is all too well known that most of these high profile corruption scandals involving the caliber of high profile politicians are slowly and quietly swept under the rug over the years begging the question of where these politicians are today.
We know they are not in prison serving out any sentence for their crimes which are forever pending in court. Over the last few years, the well respected and celebrated business magnate has been given several recognitions and awards for his successes and achievement such as; Vanguard Businessman of the Year 2016, Ambassador of the ancient Benin Kingdom in October 2014, University of Benin conferred on him a Doctorate Degree in Business Administration and the United States (US) Congress, honoured him with the “African Titan” Award in 2012 for the movie titled ‘Black November’ which he sponsored. However, while he is continuously celebrated for his achievements and good deeds, we ask, what about the billions of dollars that are still unaccounted for that were sucked out of the nation through the illicit oil contracts? Read Olatorera.com’s Politics & Wealth In Nigeria: Who Is Captain Hosa Okunbo?
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