No longer our representative’ — firm warns against ex-consultant in ‘N190m fraud’ case.
Ronchess Global Resources Plc, the Nigerian firm specialising in traffic solutions, construction, and procurement services, has distanced itself from Samson Abayomi Davies, a former consultant facing trial for alleged fraud, breach of trust, and corporate sabotage.
In a statement released on Friday, the company disclosed that Davies was sacked on November 23, 2023, following an internal investigation that uncovered “serious financial misconduct”.
“Mr. Davies allegedly misappropriated company funds running into millions of naira, failed to account for several operational sums entrusted to him, and absconded without resolution,” it reads in part.
“Beyond financial impropriety, Mr. Davies had illegally duplicated and retained confidential company documents and assets, actions deemed not only unethical but also criminal.”
The statement accused Davies of launching a sustained blackmail and extortion campaign against Ronchess, allegedly orchestrating media smear efforts using stolen proprietary materials.
It claimed that “he has been actively promoting defamatory posts across several media platforms to mislead the public, damage the company’s reputation, and cause economic sabotage”.
Ronchess also cautioned the public, stakeholders, and business partners to refrain from conducting any business with Davies under the company’s name.
“He no longer represents Ronchess in any form,” the statement added.
“Any individual or organisation that chooses to conduct business with him in the name of Ronchess does so at their own risk.”
Ronchess stated that the case was escalated to the Economic and Financial Crimes Commission (EFCC), resulting in Davies’ arrest in May 2025 and subsequent arraignment before Mojisola Dada at the special offences court in Ikeja, Lagos.
Court documents reveal that Davies was first arrested in December 2023, where he entered a plea deal, admitting to owing N60 million and agreeing to a repayment plan.
It was said that after making an initial payment of N5 million, he allegedly reneged on the agreement and instead launched a blackmail and extortion campaign against Ronchess.
He faces charges of stealing N190,791,494 from Ronchess and breach of trust.
Davies pleaded not guilty when the charges were brought against him. Prosecutors immediately sought a trial date and remand, while the defence applied for bail on liberal terms
No longer our representative’ — firm warns against ex-consultant in ‘N190m fraud’ case.
Ronchess Global Resources Plc, the Nigerian firm specialising in traffic solutions, construction, and procurement services, has distanced itself from Samson Abayomi Davies, a former consultant facing trial for alleged fraud, breach of trust, and corporate sabotage.
In a statement released on Friday, the company disclosed that Davies was sacked on November 23, 2023, following an internal investigation that uncovered “serious financial misconduct”.
“Mr. Davies allegedly misappropriated company funds running into millions of naira, failed to account for several operational sums entrusted to him, and absconded without resolution,” it reads in part.
“Beyond financial impropriety, Mr. Davies had illegally duplicated and retained confidential company documents and assets, actions deemed not only unethical but also criminal.”
The statement accused Davies of launching a sustained blackmail and extortion campaign against Ronchess, allegedly orchestrating media smear efforts using stolen proprietary materials.
It claimed that “he has been actively promoting defamatory posts across several media platforms to mislead the public, damage the company’s reputation, and cause economic sabotage”.
Ronchess also cautioned the public, stakeholders, and business partners to refrain from conducting any business with Davies under the company’s name.
“He no longer represents Ronchess in any form,” the statement added.
“Any individual or organisation that chooses to conduct business with him in the name of Ronchess does so at their own risk.”
Ronchess stated that the case was escalated to the Economic and Financial Crimes Commission (EFCC), resulting in Davies’ arrest in May 2025 and subsequent arraignment before Mojisola Dada at the special offences court in Ikeja, Lagos.
Court documents reveal that Davies was first arrested in December 2023, where he entered a plea deal, admitting to owing N60 million and agreeing to a repayment plan.
It was said that after making an initial payment of N5 million, he allegedly reneged on the agreement and instead launched a blackmail and extortion campaign against Ronchess.
He faces charges of stealing N190,791,494 from Ronchess and breach of trust.
Davies pleaded not guilty when the charges were brought against him. Prosecutors immediately sought a trial date and remand, while the defence applied for bail on liberal terms
