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

CHIDI LIOYD RELEASED ON BAIL.

Chidi lloyd: released on bail        Chidi Lloyd has been released by the Nigerian police command in Rivers state six days after detention over a fatal traffic accident that led to the death of police sergeant Urang Obediah and Kingsley Ejeuo on Emehuo axis of the East-west road.One of Chidi Lloyd's lawyers,Emenike Ebete confirmed the law maker's release.He said Lloyd was granted an administrative bail with the condition that he must deposit his international passport.Lloyd was required by the police to provide two sureties,one of whom must deposit a certificate of occupancy of a landed property in Port Harcourt.The Rivers police commissioner Mbu Joseph had accused the law maker of murder of murder and even accused Governor Chibuike Amaechi of planning to smuggle him out of the state.Lloyd's lawyer said that asfter the accident,the driver of his client's,surrendered himself to the police.

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