Skip to content
August 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Ex-PDP chairman’s son, accomplice jailed 14 years for N2.2bn subsidy scam
  • National News

Ex-PDP chairman’s son, accomplice jailed 14 years for N2.2bn subsidy scam

Admin May 27, 2025
FG vs ASUU

Judiciary symbol

May 27, 2025

An Ikeja Special Offences Court on Tuesday sentenced Mamman Ali and Christian Taylor to 14 years’ imprisonment each over a N2.2 billion oil subsidy fraud.

Ali, son of a former National Chairman of the Peoples Democratic Party (PDP), Ahmadu Ali, and Taylor were charged by the Economic and Financial Crimes Commission (EFCC).

The EFCC charged them alongside Nasaman Oil Services Ltd with an amended 57-count charge bordering on conspiracy, obtaining money by false pretences, forgery, and the use of false documents.

They pleaded not guilty.

While delivering the judgment, Justice Mojisola Dada held that the EFCC had successfully proved its case.

Dada held that the evidence presented by the prosecution was compelling and proved the charge against the convicts.

According to her, the actions of the convicts not only defrauded the government of Nigeria but also undermined the integrity of the country’s oil subsidy programme.

The judge thereafter convicted the duo and consequently sentenced them to 14 years’ imprisonment each on all the counts.

The court also ordered the forfeiture of identified assets and accounts linked to the fraud.

Dada also issued a warrant for the arrest of both Oluwaseun Ogunbambo and Olabisi Abdulafeez, two other suspects still at large.

During the trial, the EFCC counsel, Mr Seiduh Atteh, presented nine witnesses through whom several compelling documents were admitted into evidence against the convicts.

The convicts testified as witnesses for the defence.

The convicts were initially standing trial before Justice Adeniyi Onigbanjo (rtd) of the Ikeja High Court prior to his retirement.

The EFCC submitted that the convicts committed the offences sometime in 2011.

The commission stated that the duo fraudulently obtained the sum of N1.9 billion from the Federal Government, claiming the sum represented subsidy accruing to Nasaman Oil Services Ltd under the Petroleum Support Fund.

The EFCC said the defendants claimed the sum was for the importation of 20,492,982.50 litres of Premium Motor Spirit (PMS).

The anti-graft agency stated that the defendants also claimed that the PMS, which Nasaman Oil Services Ltd purported to have purchased from SEATAC Petroleum Ltd of the British Virgin Islands, was imported into Nigeria.

The commission said the representation the defendants made was false.

The EFCC also affirmed that the convicts presented forged documents, including a falsified “Gasoline Analysis.” (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ahmed Ali Christian Taylor EFCC Mamman Ali Nasaman Oil Services Ltd PDP SEATAC

Post navigation

Previous Tinubu stands up for Nigerian children on Children’s Day
Next Alleged N620m fraud, forgery: Pastor asks court to quash charges

Related Stories

SEC Orders Immediate Freeze of Assets Belonging to 6 Terror Financiers, 3 BDCs Securities and Exchange Commission
  • National News

SEC Orders Immediate Freeze of Assets Belonging to 6 Terror Financiers, 3 BDCs

August 14, 2026
Police detains 5 over alleged impersonation, counterfeit herbal medicine production in Kano Ekiti abductors
  • National News

Police detains 5 over alleged impersonation, counterfeit herbal medicine production in Kano

August 14, 2026
22 Rescued as Navy Intercepts Hijacked Passenger Boat in Akwa Ibom  Naval rating arrested
  • National News

22 Rescued as Navy Intercepts Hijacked Passenger Boat in Akwa Ibom 

August 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Osun election: Tinubu sues for peace; urges INEC, security agencies to stay neutral  INEC CVR
  • Politics

Osun election: Tinubu sues for peace; urges INEC, security agencies to stay neutral 

August 14, 2026
SEC Orders Immediate Freeze of Assets Belonging to 6 Terror Financiers, 3 BDCs Securities and Exchange Commission
  • National News

SEC Orders Immediate Freeze of Assets Belonging to 6 Terror Financiers, 3 BDCs

August 14, 2026
Police detains 5 over alleged impersonation, counterfeit herbal medicine production in Kano Ekiti abductors
  • National News

Police detains 5 over alleged impersonation, counterfeit herbal medicine production in Kano

August 14, 2026
Police arrest 2 suspected drug dealers in Delta Ekiti abductors
  • Metro News

Police arrest 2 suspected drug dealers in Delta

August 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.