NewStats: 3,263,245 , 8,179,530 topics. Date: Thursday, 05 June 2025 at 08:41 AM 3l4l24

Disclaimer by: Asoil Energy Ltd


MR. LONGE BABATUNDE & MR. LONGE OWOLABI RILWAN CRIMINAL RECORD

The man Mr. Longe Babatunde, born in 1982, a native of Ikorodu local government area, Lagos state, Nigeria was once in the employment of Asoil Energy Ltd as the Operations Manager. The position he held was a very sensitive one that required due diligence, ability and trust. But that trust was betrayed systematically by him over a period of three years.

During this period, he stole and defrauded the company to the tune of over Sixty Four Million, Five Hundred Thousand Naira (N64.5m). This was achieved with his numerous fake documents; i.e. he formed fake companies, raised fake LPOs, issue dud cheques etc. In other words, he was diverting company’s funds! All these evil deeds were achieved in connivance with his brother, LONGE OWOLABI RILWAN, born April 22, 1984, a native of Ikorodu LGA Lagos State, Nigeria, who also held a sensitive position in the company.


Owolabi Longe had a past criminal record (commonly known as yahoo yahoo) with the Nigerian Economic Financial and Crimes Commission, which is still ongoing. This was however not known to the company as at the time he was employed but for the fraud incident that unfolded his past.

Other people/companies have fallen victims of these schemers e.g. Vince Oil, Erith Oil & Gas etc.

The case is still in court and the company is hoping that justice will prevail at last.