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    Thursday, 26 January 2017

    FRAUD-MD OF ONTARIO OIL AND GAS LIMITED SENTENCED TO 69 YEARS IN JAIL, TO RETURN N754M TO FG


    Justice Latee Okunnu of the Lagos State High Court in Ikeja on Thursday sentenced the Managing Director of Ontario Oil and Gas Limited, Mrs. Ada Ugo-Ngali, to a jail term of 69 years for a fuel subsidy fraud of N754m.
    But the jail term would run concurrently for 10 years.
    Wagbatsona however, is currently detained in the United Kingdom on charges relating to a £12 million National Health Service (NHS) Trust fraud. The sentence is the first of its kind since massive oil subsidy fraud allegedly perpetuated by oil marketers was uncovered in the petroleum industry in 2012.
    The judge had been unable to pass the sentence on the judgment day as Ugo-Ngali slumped in court after being convicted and just before the judge could pass the sentence.
    The convict was subsequently rushed out of the courtroom and taken to Havannah Hospital in Surelere from where she was later moved to the intensive care unit of the Lagos State University Teaching Hospital, Idi-Araba.
    Ugo-Ngali came to court on Thursday straight from LUTH and on a wheel chair, with plasters on her body. 
    In her judgment, justice Okunnu sentenced Wagbatsoma and Ugo-Nnadi to a minimum of 10 years in prison for the six-count charge proffered against them by the Economic and Financial Crimes Commission, EFCC. “For each of the counts of conspiracy to obtain money under false pretences the defendants are sentenced to ten years in prison. For each of the counts of obtaining money by false pretences, the defendants are sentenced ten years in prison. 
    “For the count of conspiracy to commit forgery the defendants are sentenced to seven years in prison, for the offence of forgery the defendants are sentenced to eight years in prison,” Okunnu said. The judge noted that the total sentenced passed was a total of 69 years for each of the defendants but the sentence was to run concurrently. While passing her judgment on Ontario Oil and Gas Limited, Okunnu said; “I hereby give an order of restitution to Ontario Oil and Gas Limited. 
    “The N754 million which was defrauded by the company should be returned to the Federal Government,” the judge said. The counsel to Ugo-Ngadi, Mr Y.A Kadiri made an attempt to complain to Justice Okunnu about the treatment of his client by the EFCC after the sentence was read. “For the record, the conduct of the prosecution has been unethical.
     “The second defendant has been in hospital though her situation had improved slightly, the prosecution mounted tremendous pressure on the hospital management to discharge her, “ he said. Okunnu, however, refused to listen to complaint of the defence.

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