Fuel Subsidy Scam: Court Sentences MD Of Ontario Oil To 10 Years Imprisonment

The rich also cry. Managing Director Ontario Oil and Gas, Ada Ugo-Ngadi, cries as she’s being whisked away by prison officials to go face her lengthy 10 years imprisonment for her role in the fuel subsidy diversion scandal.

By Concise News correspondents

Nigeria’s antigraft agency, the Economic and Financial Crimes Commission (EFCC), has secured the conviction of two fuel subsidy fraudsters, Walter Wagbatsoma and Ada- Ugo Ngadi as a Lagos State high court sentenced them to ten years imprisonment.

The long walk to prison…

Delivering the judgement, Justice Okunnu also ruled that their company should refund over N700 million to the Federal government.

Details later.


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With over a decade experience in publishing (print and online), Lordson is the Editor of Concise News. His favourite pastimes are reading, writing, football and chess.




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