Ex-PDP Chairman’s Son, Nasir Ali, Gets 14-Year Jail Term for N2.2bn Oil Subsidy Fr@ud

 

Ex-PDP Chairman’s Son, Nasir Ali, Gets 14-Year Jail Term for N2.2bn Oil Subsidy Fr@ud

A Lagos State Special Offences Court in Ikeja has sentenced Nasir Ali, son of former PDP National Chairman Ahmadu Ali, and a Sierra Leonean, Christian Taylor, to 14 years in prison each for their involvement in a N2.2 billion oil subsidy sc@m.

Justice Mojisola Dada handed down the sentence on Tuesday after finding both men and their company, Nasaman Oil Services Limited, guilty of a revised 57-count charge filed by the Economic and Financial Crimes Commission (EFCC).

The defendants were initially arraigned in 2012 on a 49-count charge involving conspiracy, obtaining money by false pretences, forgery, and use of false documents—offences that contravened the Advance Fee Fr@ud Act of 2006 and the Lagos State Criminal Law of 2011.

EFCC prosecutor, Seiduh Atteh, told the court that the convicts fr@udulently secured N2.2 billion from the Federal Government on September 9, 2011, under the petroleum subsidy scheme by presenting forged documents, including a falsified “Gasoline Analysis” report for the vessel MT Overseas Limar.

Justice Dada, in her ruling, stated that the prosecution’s evidence was overwhelming and concluded that the fr@ud not only defrauded the government but also d@maged the credibility of the fuel subsidy programme.

In addition to the prison sentence, the court ordered the forfeiture of assets and accounts connected to the fr@udulent scheme. The judge also issued arrest warrants for two fugitives still at large—Oluwaseun Ogunbambo and Olabisi Abdul Afeez.

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