A major suspect in the fuel subsidy fraud, Walter Wagbatsoma was arraigned in UK on Friday after being extradited from Germany to face money laundering charges.
The managing director of Ontario oil and gas was accused of being involved in a multi-million pound fraud involving the National Health Service in excess of £12m.
According to the Lincolnshire Echo, Wagbatsoma was arrested in Germany after Lincolnshire Police issued a European Arrest Warrant for him.
A September 2011 report on fraud involving Lincolnshire Partnership NHS Foundation Trust triggered the investigation into Wagbatsoma.
In a statement the Lincolnshire security agency said, “Since such time the investigation has linked 20 other offences where the victims include other NHS Trusts, the States of Guernsey Government and other public bodies.”
“In September 2015, as a result of this investigation, 15 suspects were charged with offences of conspiracy to defraud, money laundering and conspiracy to money launder and all have since been indicted to stand trial.
“On Monday, June 6, 2016, a further suspect was detained in Germany following the issue of a European Arrest Warrant by Lincolnshire Police,”
Wagbatsoma is not without his troubles at home as the EFCC have prosecuted him over an alleged N1.9 billion fuel subsidy fraud.
Leave a Reply