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
An extinct species of assassin fly that lived during the age of the dinosaurs has been discovered inside a translucent tomb of amer.A male and female of the new species were preserved in pieces of Burmese amber from Myanmars Hukawng valley.It measures less than inch in length and are anout 100 million years old.The insects get their name from their precise and gruesome way of killing.After a midflight ambush,assasin flies stab their preys exoskeleton and injects digestive juices so that they can suck out the liquid inside like a milk shake,leaving an empty hull behind.A scientis at the Smithsonian National musuem of Nattural history discovered and named the fly ''Assassin fly''.
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