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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KATHERINE JACKSON TO PAY DAMAGES TO MICHAEL'S PROMOTERS.

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Legal battle: Katherine Jackson, pictured with her late son Michael, took the singer's promoters AEG to court over his death                The mother of Michael Jackson has been ordered to pay $800,000 to his promoter AEG Live for a failed lawsuit.A jury ruled in October 2013 that the company were not to blame for Michael's death in 2009 and they were not wrong for living disgraced physician,Conrad Murray to care for Michael Jackson.Now  a Judge has ordered that 83 year old Katherine Jackson must pay the company compensation after they fought for costs and damages.Michael died of acute propofol intoxication on June 25,2009,after suffering cardiac arrest with the Los Angeles county coroner ruled his death a homicide.The Jacksons wanted AEG Live to pay $85million to each of the star's three children for emotional loss,and up to $1.6billion for economic losses.                                                                                                                                                          Michael's family - which includes children Prince, Paris and Blanket - have been asked to pay $800,000 in legal costs after a failed lawsuitClose-knit family: Katherine cares for Michael Jackson's children, including his son Prince

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