Ronchess Global Resources Plc. A prominent provider of traffic solutions, construction, and procurement services in Nigeria has released an official public statement distancing itself from Mr. Samson Abayomi Davies, a former consultant currently on trial for theft, breach of trust, financial misconduct, and attempted corporate and economic sabotage. In a statement issued by the company’s management, it was revealed that Mr. Davies was removed from all duties as of November 23, 2023, after internal investigations revealed significant financial and ethical violations. The statement claims that Mr. Davies allegedly misused millions of naira in company funds, did not provide an account for various operational amounts that were given to him, and left without settling the matter. Additionally, the company disclosed that, in addition to financial misconduct, Mr. Davies unlawfully copied and kept confidential company documents and assets, which are considered both unethical and illegal. After these findings, Mr. Davies was reported to the Economic and Financial Crimes Commission (EFCC), which resulted in his arrest in late May and he is now facing trial for theft. In a concerning development, the company has accused Mr. Davies of implementing a prolonged campaign of blackmail and extortion against Ronchess, allegedly orchestrating smear tactics in the media using stolen confidential materials. The accusation states that he has been disseminating defamatory content across various media outlets to mislead the public, tarnish the company’s image, and inflict economic harm. Ronchess Group has issued a stern warning to the public, stakeholders, and business partners, advising them against engaging in any business dealings with Mr. Davies using the company’s name. “He is no longer associated with Ronchess in any capacity,” the statement said. “Any person or entity that decides to engage in business with him under the name Ronchess does so at their own risk.” The company stated clearly that it will not take responsibility for any statements, agreements, or financial transactions conducted by Mr. Davies in its name. Amid ongoing legal matters, Ronchess emphasizes its dedication to corporate responsibility and safeguarding its reputation from falsehoods and harmful actions. On June 10, 2025, the Economic and Financial Crimes Commission (EFCC) charged Samson Davies, the proprietor of Signature Advisory Ltd, with the theft of ₦190,791,494 from Ronchess Global Resources and for violating trust.
