An oil magnate, Mrs. Ada Ugo-Ndali, fainted in the dock on Friday shortly before she was convicted of a N1.7 billion subsidy fraud by a Lagos High Court sitting in Ikeja.

Justice Lateefat Okunnu found Ugo-Ndali, the Managing Director of Ontario Oil and Gas Limited, and the company Chairman, Walter Wagbatsoma, guilty of N1.7 billion fuel subsidy fraud charge preferred against them by the Economic and Financial Crimes Commission (EFCC).

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