₦airaland Forum

Ronchess Group Issues Public Disclaimer On Former Consultant Over Alleged Fraud

Ronchess Global Resources Plc., a leading provider of traffic solutions, construction and procurement services in Nigeria, has issued a formal public disclaimer disassociating itself from Mr. Samson Abayomi Davies, a former consultant who is currently facing trial over allegations of stealing, breach of trust, financial misconduct, and attempted corporate and economic sabotage.

In a statement signed by company management, the infrastructure and project delivery firm disclosed that Mr. Davies was disengaged from all responsibilities as of November 23, 2023, following internal investigations that uncovered "serious financial and ethical misconduct."

According to the statement, Mr. Davies allegedly misappropriated company funds running into millions of naira, failed to account for several operational sums entrusted to him, and absconded without resolution.

The company further revealed that, beyond financial impropriety, Mr. Davies had illegally duplicated and retained confidential company documents and assets, actions deemed not only unethical but also criminal. Following these discoveries, he was reported to the Economic and Financial Crimes Commission (EFCC), leading to his arrest in late May 2025 and subsequent arraignment in court, where he is currently standing trial for stealing.

In a more troubling turn, the company accuses Mr. Davies of launching a sustained blackmail and extortion campaign against Ronchess, allegedly orchestrating media smear efforts using stolen proprietary materials. The statement alleges that he has been actively promoting defamatory posts across several media platforms to mislead the public, damage the company's reputation and cause economic sabotage.

Ronchess Group has issued a strong caution to the public, stakeholders, and business partners, urging them to refrain from conducting any business with Mr. Davies under the company’s name. “He no longer represents Ronchess in any form,” the statement read. “Any individual or organisation that chooses to conduct business with him in the name of Ronchess does so at their own risk.”

The company emphasised that it will not be liable for any representations, engagements, or financial dealings made by Mr. Davies on its behalf. As the legal proceedings continue, Ronchess reaffirms its commitment to corporate accountability and protecting its reputation against misinformation and malicious acts.

The Economic and Financial Crimes Commission (EFCC) on June 10, 2025, arraigned Samson Davies, owner of Signature Advisory Ltd, on charges of stealing ₦190,791,494 from Ronchess Global Resources and breach of trust. The charge, read before Justice Mojisola Dada at the Special Offences Court in Ikeja, alleges that between October 2022 and October 2023, Davies and his firm “dishonestly converted” the funds to personal use.

The first arrest was made in December 2023, when he had a plea deal and signed an undertaking stating that he owed the company only 60,000,000 naira and agreed to return all company documents with a payment plan. He made an initial payment of 5 million naria the next day, but began blackmailing and attempting to extort money from the company afterwards..

Davies pleaded not guilty when the charge was brought against him. Prosecutors immediately sought a trial date and remand, while the defence applied for bail on liberal terms.

Justice Dada granted bail set at ₦50 million with two sureties of the same amount each. One surety must own property in Lagos, and Davies was ordered to surrender his international passport to the court. Pending perfection of bail conditions, he was remanded at the Nigerian Correctional Centre.

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These omoluabis too like to tiff oda people's money

Leemaaooo😂😂😂


Him too want part of the cake na

He wan taste,Alaye saw loophole

Hmmm,now I have to look for forty words despite this being the first time of me hearing about the organization..

The law should take it proper cause

The desire and urge to live a soft life has pushed this nigga into fraud

Baby face Criminal

chigator2:
These omoluabis too like to tiff oda people's money

This right here is the reason why Nigeria will never get better.
Why not address the alleged culprit by name instead of going tribal. I so shake my head.

I am full fledged IGBO for your information.

He definitely has something against the company.

He probably knows a lot of secrets that the public might be interested in.

Pop Corn and Coke please!

Say no more...

https://saharareporters.com/2025/07/17/how-el-rufais-kaduna-govt-paid-over-n16billion-ronchess-road-marking-firm-linked-pastor

You took the cake from Nigerians, baba ran away with a slice, and you became paranoid.

Oya. Let them fight dirty, at least the public will get to see what has been going on behind the curtains.

baghera:
This right here is the reason why Nigeria will never get better.
Why not address the alleged culprit by name instead of going tribal. I so shake my head.

I am full fledged IGBO for your information.

very disgusting attitude

if you talk they accuse you of either being Yoruba or Igbo

Qtsnow:
Ronchess Group Issues Public Disclaimer On Former Consultant Over Alleged Fraud

Rigmarole... what's all these zigzag waste of words for? You guys are definitely trying to hide stuff underneath these deluge of words and long sentences

baghera:
This right here is the reason why Nigeria will never get better.
Why not address the alleged culprit by name instead of going tribal. I so shake my head.

I am full fledged IGBO for your information.

I doubt you are. You didn't have to provide the information.

Ronchess no be Papa EA pikin company that year wey follow "do contract" for Kaduna under Mallam Nasir?

Beguile, Beguiled!

Leemao