• Latest
  • Trending
  • All
7 Chinese Jailed For Cyberterrorism, Fraud In Lagos

₦2.2bn Oil Subsidy Fraud: Ex-PDP Chairman’s Son Jailed For 14 Years

May 28, 2025
Yayi and the Mind Game, Inside Dapo Abiodun’s Strategic Calculations

After Months of Intrigue, APC Settles for Yayi as Ogun 2027 Consensus Gubernatorial Candidate

April 14, 2026
Fidelity Bank Resumes International Transactions on Naira Debit Cards

Fidelity Bank Sets the Pace in Banking Recapitalisation Drive

April 14, 2026
Lagos Police Dismiss Cult Clash Report, Reassure Residents on Safety 

Lagos Police Dismiss Cult Clash Report, Reassure Residents on Safety 

April 13, 2026
How Former Gov Osoba Is Allegedly Benefiting From Dapo, Daniel, Amosun’s Political War in Ogun

How Former Gov Osoba Is Allegedly Benefiting From Dapo, Daniel, Amosun’s Political War in Ogun

April 13, 2026
Why Kogi-Born James Faleke Must Thread Carefully in Lagos

Why Kogi-Born James Faleke Must Thread Carefully in Lagos

April 13, 2026
Lagos 2027: Can Hamzat Break the Deputy Governor's Curse, or Will the APC Break Itself?

Lagos 2027: Can Hamzat Break the Deputy Governor’s Curse, or Will the APC Break Itself?

April 13, 2026
Oj Ile-Alayo Foundation Holds Annual Retreat, Founder Highlights Strong Families, Enterprise

Oj Ile-Alayo Foundation Holds Annual Retreat, Founder Highlights Strong Families, Enterprise

April 13, 2026
Easter: NGIJ Tasks FG Over Insecurity, Calls for End to Bloodshed

Easter: NGIJ Tasks FG Over Insecurity, Calls for End to Bloodshed

April 7, 2026
OPINION: Lagos Island 2027: Why Ajagbe Teslim Fits The Moment 

OPINION: Lagos Island 2027: Why Ajagbe Teslim Fits The Moment 

April 6, 2026
Kperogi: No Sympathy for El-Rufai, Malami

Kperogi: Why El-Rufai, Malami Don’t Deserve Sympathy 

March 31, 2026
Plateau Orders 48-Hour Curfew as UNIJOS Suspends Exams Over Deadly Attack

Plateau Orders 48-Hour Curfew as UNIJOS Suspends Exams Over Deadly Attack

March 30, 2026
Telecom Operators Directed to Compensate Subscribers for Poor Service

Telecom Operators Directed to Compensate Subscribers for Poor Service

March 30, 2026
National Police Day 2026 Celebrations Unveiled in Lagos 

National Police Day 2026 Celebrations Unveiled in Lagos 

March 27, 2026
FirstBank Powers SMEConnect

FirstBank to Equip SMEs with AI-Driven Growth Strategies at SMEConnect Webinar

March 26, 2026

Purposeful Leadership, Intra-Party Stability Key to Democratic Success – Haske

March 25, 2026
Kennedy Okwudili as an Executive Director of the bank effective May 1, 2026. The appointment, which is consistent

Zenith Bank Elevates Kennedy Okwudili to Executive Director

March 25, 2026
Tuesday, April 14, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Crime/General

₦2.2bn Oil Subsidy Fraud: Ex-PDP Chairman’s Son Jailed For 14 Years

by Reporter theconscienceng
May 28, 2025
in Crime/General, Trending
0
7 Chinese Jailed For Cyberterrorism, Fraud In Lagos

Court

Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
Court Convicts Nigerian Businessman For Refusing Naira As Payment
Court

₦2.2bn Oil Subsidy Fraud: Ex-PDP Chairman’s Son Jailed For 14 Years

THECONSCIENCE NG reports that the Lagos State Special Offences Court sitting in Ikeja has convicted and sentenced Mamman Nasir Ali, the son of former Peoples Democratic Party national chairman, Ahmadu Ali, and a Sierra Leonean, Christian Taylor, to 14 years imprisonment each over a ₦2.2 billion oil subsidy fraud.

 

Justice Mojisola Dada sentenced the duo alongside an oil firm, Nass Man Oil Services Limited after the court found them guilty of an amended 57-count charge brought against them by the Economic and Financial Crimes Commission (EFCC).

 

READ MORE:  NOSDRA DG, Woke Tasks Oil Firms on Regulatory Compliance, Insists on Obeying Laws

The defendants were first arraigned before the court in 2012 on a 49-count charge of conspiracy to obtain money by false pretences, obtaining money by false pretences, forgery, and the use of false documents.

 

The anti-graft agency claimed that the offences violated the Advance Fee Fraud and Other Fraud Related Offences Act of 2006 and the Criminal Law of Lagos State 2011.

READ MORE:  Tithes, Offerings Do Not Go To Heaven- Abel Damina

 

Through its prosecutor, Seidu Atteh, the EFCC also accused the convicts of fraudulently obtaining ₦2.2 billion from the Federal Government under the petroleum subsidy scheme on or about September 9, 2011.

 

The anti-graft agency had told the court that the convicts presented forged documents, including a falsified “Gasoline Analysis” report for MT Overseas Limar, purportedly issued by Saybolt Concremat.

 

In her judgment, Justice Dada said she found the evidence presented by the prosecution compelling.

 

She ruled that the actions of the convicts not only defrauded the government but also undermined the integrity of Nigeria’s oil subsidy programme.

READ MORE:  Court Jails 65-year-Old Estate Agent 20 Years For Property Fraud

 

Apart from the jail term, the court also ordered the forfeiture of identified assets and accounts linked to the fraud.

 

The judge further issued a warrant for the arrest of two other suspects, Oluwaseun Ogunbambo and Olabisi Abdul Afeez, who were said to still be at large.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: Court
ShareTweet
Previous Post

Hajj Pilgrimage To Commence On June 4

Next Post

Alleged Corruption: How Emefiele Received $17.1m Cash — EFCC Witness

Reporter theconscienceng

Reporter theconscienceng

Related Posts

Yayi and the Mind Game, Inside Dapo Abiodun’s Strategic Calculations
Politics

After Months of Intrigue, APC Settles for Yayi as Ogun 2027 Consensus Gubernatorial Candidate

by TheConscience NG
April 14, 2026
Fidelity Bank Resumes International Transactions on Naira Debit Cards
Business

Fidelity Bank Sets the Pace in Banking Recapitalisation Drive

by TheConscience NG
April 14, 2026
Lagos Police Dismiss Cult Clash Report, Reassure Residents on Safety 
Crime/General

Lagos Police Dismiss Cult Clash Report, Reassure Residents on Safety 

by TheConscience NG
April 13, 2026
How Former Gov Osoba Is Allegedly Benefiting From Dapo, Daniel, Amosun’s Political War in Ogun
Politics

How Former Gov Osoba Is Allegedly Benefiting From Dapo, Daniel, Amosun’s Political War in Ogun

by TheConscience NG
April 13, 2026
Why Kogi-Born James Faleke Must Thread Carefully in Lagos
Politics

Why Kogi-Born James Faleke Must Thread Carefully in Lagos

by TheConscience NG
April 13, 2026
Lagos 2027: Can Hamzat Break the Deputy Governor's Curse, or Will the APC Break Itself?
Politics

Lagos 2027: Can Hamzat Break the Deputy Governor’s Curse, or Will the APC Break Itself?

by TheConscience NG
April 13, 2026
Next Post
Alleged Corruption: How Emefiele Received $17.1m Cash — EFCC Witness

Alleged Corruption: How Emefiele Received $17.1m Cash — EFCC Witness

No Result
View All Result

Recent Posts

  • After Months of Intrigue, APC Settles for Yayi as Ogun 2027 Consensus Gubernatorial Candidate
  • Fidelity Bank Sets the Pace in Banking Recapitalisation Drive
  • Lagos Police Dismiss Cult Clash Report, Reassure Residents on Safety 
  • How Former Gov Osoba Is Allegedly Benefiting From Dapo, Daniel, Amosun’s Political War in Ogun
  • Why Kogi-Born James Faleke Must Thread Carefully in Lagos

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d