Yemisi Izuora
Walter Wagbatsoma, Adaoha Ugo-Nnadi and their company Ontario Oil and Gas were today convicted by a Lagos High Court for subsidy fraud.
They were convicted on an eight-count amended charge of fuel subsidy fraud.
The defendants were found guilty on each of the eight counts.
The third defendant, Babafemi Fakuade, was discharged and acquitted.