Subsidy fraudsters sentenced to 10 years in prison

Walter Wagbatsoma with officials of the EFCC

A Lagos High Court in Ikeja has sentenced Walter Wagbatsoma and Adaoha Ugo-Nnadi to 10 years in prison for fuel subsidy fraud.

The judge said the sentence would start to count from January 13, 2017.

She also ordered restitution for Ontario Oil and Gas, and asked the company to refund N754 million being the amount it defrauded the Nigerian government.

Details later.


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  • Ncustom Akhigbe


  • musa aliyu

    We’re after the refund. Period.

    • DD

      They need to go to jail for the remaining 9yrs to serve as a deterrent to others.

  • Abdullah Musa

    These Obama pictures, is he gunning for third term?

  • Arabakpura

    Why do we not have the option of parole in our justice system?

    • Julius

      Parole for what ?

      • Arabakpura

        Just asking and for those who would have done and shown enough restitution; or, do you think they will also politicise and monetize that as well?

        • Julius

          Yes, being Nigerians they will surely politicise and monetize that as well. Good question and I’m guessing that you even knew the answer in the 1st place. Respect !

  • okpada

    Good one, and we thank God for this Justice Okunnu for her forthright and straightforward dispensation of justice. Two down many more still standing. May God bless Nigeria.

    • Jude Omasan


      But the Judge did not say the accused persons were held in prison custody continuously
      since January 13th, 2016, to warrant the order that this 10-year sentence will count
      from last year January. For unless the accused criminals had been in prison since
      13th January last year, cntinuously and without break, this order is illegal and
      therefore should be appealed as un-warranted leniency for intentional theft.

      • tony H

        Excellent observation. Is 10 years really 10 years, minus 1 year the judge dashed her?

      • kinsly

        The judge actually said January 13, 2017. The day the conviction order was made. Premiumtimes got it wrong. She was immediately taking in a white prison van,straight to her new home.

      • brownson

        My brother, let just start from here first is gradually.This will serve warning to the rest that is not businee as usual.At least she is convicted is better than nothing at all.She will at least feel what ordinary Nigerians felt

    • kinsly


  • Julius

    Yay !!!..We are making progress. Thank you Jesus !!

    • kinsly


  • dudu

    Only ten years and an opportunity to appeal the judgement? I say this judgment is a slap on the wrist for economic saboteurs. What lessons will the others who are yet to be caught learn?

  • Dazmillion

    Cecilia Ibru chairwoman of oceanic bank spent her prison sentence in an en suite hospital bed…..

  • deji 3SC (Up shooting)

    This is good news, but the 10 years is still small.