Home » UK Court Convicts Nigerian Businesman Wagbatsoma For Money Laundering
Crime News The Heat

UK Court Convicts Nigerian Businesman Wagbatsoma For Money Laundering

Wagbatsoma

The Lincoln Magistrates’ Court, has convicted Nigerian billionaire businessman and Managing Director of Ontario Oil and Gas, Walter Wagbatsoma for money laundering.

Walter who was detained earlier in the year in Germany after Lincolnshire Police issued a European Arrest Warrant on him was alleged to have been involvement in a multi-million pound fraud.

15 other suspects who were charged with before him on same offences of conspiracy to defraud, money laundering and conspiracy to money launder, had earlier been tried and convicted.

A reliable source told TheHeat Nigeria that Wagbatsoma was found guilty last week and is presently in UK prisons awaiting sentencing.

Recall that he was also jailed earlier in the year by a Lagos Court,Nigeria over the N1.9 billion fuel subsidy fraud charge levelled against him

Add Comment

Click here to post a comment

Leave a Reply

Topics

  • banner125x125_02.jpg

Translate

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 338 other subscribers