Society
After Losing Out Of Lucrative Govt Biz Over Multiple Relationships With Diezani Madueke And Stella Oduah, Ontario Boss Walter Wagbatsoma On His Way Back To Mega Deals With President Elect, Buhari
…the pastor Adefarasin connection
Entangled in corruption charges oil man, Walter Wagbatsoma is set to return to winning ways.
And sources who should know attribute this development to the about to be effected change in government at the Federal level.
Wagbatsoma, was a major beneficiary of the patronage of the federal government until recently.
He fell out of favour over multiple relationship with Petroleum Minister, Diezani Allison Madueke and booted out aviation minister, Stella Oduah.
The fallout of the been caught in the cross sword of two powerful women in the
Walter Wagbatsoma
Jonathan Administration unravelled hidden deals that got him entangled in the fangs of anti corruption agency, Economic and Financial Crimes Commission.
It is quietly whispered that Wagbatsoma’s attempt to maintain same level of extraordinary relationship he enjoyed Diezani Madueke with Stella Odua in exchange for commensurate gains got him on the wrong side of the petrol minister.
He is still finding it hard to shrug off accusations of multi billion naira frauds that span forgery, outright falsehood in receiving payments for goods not delivered.
The development which initially saw him scampered out of the country before making a return to face prosecution has greatly crippled his businesses.
But there appeared to be a light at the end of the tunnel for the embattled oil mogul.
The administration making a job of prosecuting him for corrupt practises, especially the initiator of his woes – Petroleum Minister, Diezani Allison Madueke are on their way out.
And the good tiding for Wagbatsoma is that he has strong ties with the chief promoters of the incoming administrator.
His spiritual leader and confidante, Pastor Paul Adefarasin of the House on the Rock – where he worships – equally has very strong influence on powerful figures behind the incoming government.
According to a source ‘ Walters defence is ready, his problems would be attributed to the actions of a woman scorned’.
Further digs revealed the very wealthy player in the oil industry is looking beyond corrupt charges going away, he is said to be looking at possible ways to stage a big bang of return that would transform him back to top of the ladder in his spheres of operations.
And to achieve this he is said to be relying on his contacts and the influence of his spiritual leader within the party about to form a new government at the Federal Level.


