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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E.U,IMPOSES SANCTIONS ON TWO SOUTH SUDAN MILITARY LEADERS.

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European Union flags are seen outside the European Commission headquarters in Brussels ahead of an EU heads of state summit, October 27, 2010. REUTERS/Francois Lenoir            Today thursday,the European Union imposed travel bans and asset freeze on two South Sudanese military leaders,that were violating ceasefire agreements put in place to stop fighting that has killed thousands.The council of the European Union did not name the two leaders in its brief statement or specify which sides they were on.Peace talks between Kiir and Machar produced few results and stalled after they last met in Ethiopia's capital Addis Ababa in May and agreed on a cease fire.A previous truce agreed in January swiftly collapsed.''Two persons responsible for violating the ceasefire agreement will be targeted with a travel ban and a freeze of their assets in the European Union''.

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