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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MOHAMMED ABACHA,DISCHARGED BY F.H.C,FOR N100.38 BILLION SCAM.

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            According to a national news paper,a Federal capital territory High court today wednesday,discharged Mohammed Abacha,son of late former military Head of state,General Sani Abacha for allegefly receiving N100.38 Billion worth of stolen property.The office of the Attorney General of the Federal Government had filed a nine count charge against Abacha,but Justice Mamman Kolo of the FCT High court discharge Mohammed Abacha after Federal Government's counsel,Enwelum made an oral application asking the court to withdraw the criminal charges against the suspects.The Judge also granted the application for discontinuation of trial,which was not opposed by the defense counsel  ,Mr Abdullahi Haruna.At the resumed hearing of the case,the Federal Government counsel told the court that he was instructed by the Attorney General of the Federation  {AGF} to withdraw the charges.The prosecution thereafter filed a notice of discontinuation of the case      

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