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
According to a National News paper,these past Monday,Ali Modu Sheriff threatened to slap Asiwaju Bola Ahmed Tinubu at the recently held National executive committee meeting of the party,it was said thar Mr sheriffexploded midway on Mr Tinubu and threatened to slap him but for the intervention of some party leaders and former vice president,Atiku Abubakar,the threat would have come to past.Sheriff and Tinubu clashed when the meeting began discussing on the congresses and convension.It was gathered that during the discussion the APC National chairman,Bisi Akande,who was presiding over the meeting nominated himself and the National Secretary,Tijanni Tumsah to serve as chairman and secretary respectively of the National convention committee,Ncc,which would also over see the conduct of the congress.Angered by the suggestion,Sherif grabbed the microphone and expressed his opposition to the choices.He was said to have made some remarks which suggested that he,he believed that APC was not yet mature as a party.He was cautioned by Mr Tinubu who asked him not to speak about the party in a negative manner.He also asked Sheriff to quit the APC and go else where,if he was not comfortable with the party.Mr Sherif who was now holding firmly to the microphone,allegedly began to insult Mr Tinubu,asking him if he owned the party.''Who are you? who do you think you are?Are you the owner of the party?.Na waho for our future leaders.
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