The Economic and Financial Crimes Commission (EFCC) has declared Seun Ogunbambo, Managing Director of Fargo Petroleum and Gas Limited, wanted for allegedly defrauding the Nigerian government of over ₦976 million in an oil subsidy scam.
According to a statement issued by EFCC’s Head of Media and Publicity, Dele Oyewale, Ogunbambo was standing trial at the Lagos State High Court but went into hiding after being granted bail.
While Ogunbambo remains at large, his co-defendants, Mamman Nasir Ali and Christian Taylor, were convicted and sentenced to 14 years in prison each on Tuesday, May 27, 2025.
The EFCC described Ogunbambo as light-complexioned and fluent in English and Yoruba. His last known address is 2 Olamiyuyan Crescent, Ikoyi, Lagos State.
The commission urged anyone with useful information on his whereabouts to contact any of its offices nationwide, including Lagos, Enugu, Kano, Gombe, Port Harcourt, Ibadan, Benin, Kaduna, Sokoto, Makurdi, Ilorin, Maiduguri, Uyo, or Abuja.
The post EFCC Declares Fargo Petroleum MD Seun Ogunbambo Wanted Over ₦976 Million Oil Subsidy Scam appeared first on TheNigeriaLawyer.
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