LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years for N43.5m Fraud Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud. The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00 Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
A HUGE CYCLONE THAT HAS FORCED AS MANY AS 500,000 PEOPLE TO FLEE THEIR HOMES HAS MADE LAND FALL IN EASTERN INDIA.AUTHORITIES HAD PREDICTED A STORM SURGE OF AT LEAST 3M 10FT.THAT WAS EXPECTED TO CAUSE EXTENSIVE DAMAGE.OOFICIALS SAY THEY ARE BETTER PREPARED THAN IN 1999 WHEN A CYCLONE KILLED THOUSANDS OF PEOPLE IN ORISSA.CYCLONE PHAILIN HAS BEEN CLASSED AS VERY SEVERE AND THE HEAD OF INDIAS METEOROLOGICAL OFFICE LA RATHURE SAID IT WOULD REMAIN IN THAT CATEGORY FOR 6HOURS BEFORE LOSING STRENGTH.
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