A Lagos High Court on Friday convicted Walter Wagbatsoma, Adaoha Ugo-Nnadi, and their company Ontario Oil and Gas on an eight-count amended charge of fraud.
The defendants were found guilty on each of the eight counts.
The third defendant, Babafemi Fakuade, was, however, discharged and acquitted.
The judge had taken a 30-minute break ahead of an expected sentencing, but suspended after Ms. Ugo-Nnadi fainted. Click to signup for FREE news updates, latest information and hottest gists everyday
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