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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
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7 Chinese Jailed For Cyberterrorism, Fraud In Lagos

Court

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Court Convicts Nigerian Businessman For Refusing Naira As Payment
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₦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).

 

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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.

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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.

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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.

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