• Nigerian oil magnate arraigned by UK for money laundering

    Nigerian oil magnate arraigned by UK for money laundering

    Walter Wagbatsoma, Managing Director of Ontario Oil and Gas Limited,  has been extradited to the United Kingdom where he is facing money laundering charges.

    According to a UK-based newspaper, Lincolnshire Echo, Wagbatsoma who was extradited from Germany, was accused of money laundering in a multi-million pound fraud. He appeared before Lincoln Magistrates’ Court on Friday.

    The oil magnate was detained last month in Germany after Lincolnshire Police issued a European Arrest Warrant. The 46-year-old was extradited to the UK on Thursday, when he […]