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Home Anti-Corruption N1.9bn Fraud: Court Gives Verdict on Wagbatsoma, Others Jan 13
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N1.9bn Fraud: Court Gives Verdict on Wagbatsoma, Others Jan 13

By
Wilson Uwujaren
-
January 11, 2017
court Judiciary
court Judiciary Justice
Justice Lateefa Okunnu of a Lagos State High Court, Ikeja, will on January 13, 2017 deliver judgement in a N1.9 billion oil subsidy theft charge brought against Walter Wagbatsoma, Adaoha Ugo- Ndagi and Ontario Oil & Gas Limited by the Economic and Financial Crimes Commission, EFCC.
They are alleged to have on July 7, 2010 obtained the sum of N340, 000,000 by false pretence from the Federal Government purporting the money to be subsidy payable to Ontario Oil and Gas Nigeria Limited. The offence is among several others brought against them by the EFCC in a case of conspiracy, obtaining property by false pretence, forgery and altering of documents.
Justice Okunnu had earlier dismissed all three applications filed on behalf of Walter Wagbatsoma, Adaoha Ugo-Ngadi and their company, Ontario Oil and Gas Nigeria Limited, challenging the jurisdiction and competence of the lower court as well as a no-case submission, argued by the defendants.
Their attempt to also use the Court of Appeal to stop their trial also failed. In a lead ruling delivered by Justice Amina Augie, on April 30, 2015, the appellate court again dismissed their applications to stop the trial, by affirming the jurisdiction of the lower court, and ordered him and others to “go and face trial”.
Wilson Uwujaren
Head Media & Publicity
11th January, 2017
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Wilson Uwujaren
Wilson Uwujaren
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PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
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