Bosses jailed for £13million oil firm scam
Beeb man apology for mocking Vichai
GREED Ullah & Shahenshah TWO oil barons earning more than £10millon a year between them, pocketed £13million by scamming their firm.
Osman Shahenshah, 56, ex-CEO of Afren Plc and Shahid Ullah, 59, ex-head of operations, siphoned off the cash from a deal with Afren’s African partners.
Shahenshah was jailed for six years, Ullah for five.
They spent most of the money on Caribbean mansions, Southwark crown court heard.
The FTSE-250 firm collapsed when the fraud came to light in July 2015.
Judge Michael Gledhill QC told Shahenshah, of Earls Court Square, West London, and Ullah of Woodlands, Texas: “Why would highly paid executives commit fraud? The answer is simple – greed.” Tom Meighan surveys the sea of scarves Nusara was one of two aides on the helicopter Widow Aimon and son Top laying a wreath BBC sports editor Dan Roan apologised last night after he was caught on tape mocking the Leicester City owner. He said: “Sorry for comments made in off-air conversation. No offence intended.” Fan weeps for victims