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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KING OF SPAIN ABDICATE HIS THRONE FOR HIS SON.

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In the family: King Juan Carlos (far right) will hand the crown to his son, Prince Felipe (centre), pictured with Princess Letizia watching an air display in 2006              76 year old King Juan Carlos of Spain is to abdicate for political reasons rather than his ailing heath after 39 years on the throne.He made the announcement today mother 2nd of Jun 2014 and he will hand over his crown to his 46 year old son Prince Felipe,and make his wife Queen,Princess Letizia an award winning television journalist with CNN in 2003,but not before a new law is drafted to pave the way for such unprecedented hand over.He is the second European monarch to abdicate in just over a year after Queen Beatrix of the Netherlands gave the throne to her son Prince Willem Alexander after 33 years in April last two years.I belive the Queen of England should hand over to his son Prince Charles while she is still alive.More photos below.                                                                                                                                      Surprise announcement: Juan Carlos announced his decision to abdicate on live television this afternoon'This is my decision to abdicate': The letter Juan Carlos handed to Prime Minister Mariano Rajoy today which the Spanish Royal Family posted on TwitterFinal handshake: The Twitter account of Spain's royal family published photos of King Juan Carlos I offering his letter of abdication to the country's Prime Minister, Mariano RajoyLothario: Princess Diana is rumoured to be just one of the many young ladies the king, now 74, pursued in a romantic career in which - like his namesake, the seducer Don Juan - he is said to have bedded more than 1,500 women (pictured aboard his yacht 'Fortuna' with Prince Charles and an eight-year-old Prince William)Royal friends: King Juan Carlos with Queen Elizabeth II of Britain during her majesty's royal tour of Spain in 1988

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