LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 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
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18 YEARS LANRE OTUNOLA ARRESTED FOR ROBBERY.

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3-person robbery accused            Lanre Otunola has been arrested for joining two other suspected robbers who specialized in snatching vehicles at gun point.The suspect who was paraded alongside his gang at the Lagos state police command Ikeja on tuesday confessed that he joined the gang to raise money for the christmas celebration.Others paraded along with him were,Jamiu Agboola,20 years and Toibu Oyeyinka,24 years old.The police claimed the trio snatched two sport utility vehicle at gun point,barely 23 hours after their operation following a tip off from members of the public to the police and the police subsequently laid ambush for them at the spot where they were parked the vehicles at market street,oyingbonarea of lagos looking for buyers.What was recovered from them are,one Honda Acura MDX JEEP,one Toyota High Lander JEEP,two locally made pistols and four live cartridges.The two cars were stolen from Opera street,Coker Aguda Surulere lagos on 14th December,2013.

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