Jail for oil barons who bought villas with fraud proceeds

Two greedy oil barons who pocketed £13m from their FTSE-listed company after becoming dissatisfied with their vast salaries were jailed for a total of 11 years today (mon). Osman Shahenshah, 56, the former CEO of Afren Plc, used the proceeds of the scam to buy a ‘palatial’ £6.9m ($9m) mansion on Mustique. The Queen’s sister Princess Margaret was famous for throwing wild parties on the Caribbean island where she owned a villa. Shahid Ullah, 59, the former head of operations…

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