Walter Wagbatsoma Under House Arrest In The UK For Money Laundering Convicted For Fraud In Nigeria

A Nigerian billionaire, Walter Wagbatsoma, has been convicted of fraud by a Lagos court. Adaoha Ugo-Nnadi, convicted alongside Mr. Wagbatsoma for fuel subsidy fraud, fainted in the dock Friday as the judge began to read the sentence for her conviction forcing the proceedings to be rescheduled to Monday.Mrs. Ugo-Nnadi, Mr. Wagbatsoma, and their company, Ontario Oil and Gas, were convicted via IFTTT