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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CONTROVERSY OVER THE KARDASHIAN MAKEUP LINE.

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Expensive task: All of the Khroma Beauty products will now need to be recalled and repackaged       Kim,Kourtney and Khloe Kardashian are denying they had noting to do with the court violation that lead to changing the name of their debut makeup line from Khroma to Kardashian Beauty.Boldface Group In,the make up company that owns Kardashian beauty,violated a Federal court injunction for its original name Khroma.Now the 3 sisters are now distancing themselves from the company.The Kardashian sisters filed their own suit on December 16,2013,claiming they are not involved in running Boldface,they are not part of it's management,nor are they agents,employees,officers or directors of Boldface.The Khroma rebrand was made in March last year 2013,to end in eight month long trademark dispute between Boldface and a Florida based company called kroma make up,which sought $10,million in damages.The long running saga started in June 2012 when Lee Tillet,the ounder of Kroma makeup,sent a cease and desist letter to Boldface accusing them of stealing there name.              Kim, Kourtney, and Khloe Kardashian are denying they had anything to do with changing the name of their debut make-up line from Khroma to Kardashian Beauty

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