Nigerian Oil Magnate Walter Wagbatsoma Sent to Jail in UK
The Leicester Crown Court has convicted a Nigerian businessman of money laundering. A Lagos State High Court in Ikeja had last year convicted him in absentia and sentenced him to 10 years imprisonment for fuel subsidy fraud .
This Day, 19 January 2018
Nigerian businessman, Walter Wagbatsoma, 47, was on Wednesday sentenced to three years and six months imprisonment for money laundering in the United Kingdom. Read more »
Premium Times, 9 September 2017
On the night of Friday June 7, 2013, a pre-wedding party was in progress at the Cavalli Club - named after the renowned Italian fashion designer Roberto Cavalli - within the 5-star… Read more »
The accused were charged with obtaining money under false pretences from the government by pretending the money was a subsidy payable to Ontario Oil and Gas Nigeria Limited. Read more »