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

MOZAMBIQUE PASSES AMNNESTY LAW FOR OPPOSITION LEADER AHEAD OF OCTOBER ELECTION.

Mozambique's opposition RENAMO Presidential candidate Afonso Dhlakama shows an ink dyed finger after voting in the country's Presidential, Parliamentary and Provincial Elections in Maputo October 28, 2009.   REUTERS/Grant Lee Neuenburg            The amnesty law will allow opposition ''Renamo party leader'',Afonso Dhlakama to leave his hide way in the bush to sign a peace accord with President Armando Guebuza and run in an October 15 election.The law was approved late on Tuesday also applied to Dhlakama's supporters who had clashed with the government army since 2012.The violence raised fears for stability in the Southern African nation which is developing big coal and off shore gas deposits.The amnesty is part of a peace deal between Renamo and Guebuza's ruling Frelimo party,old foes in a 1975-1992 civil war,and means Dhlakama will not face prosecution or arrest for the attacks carried out by his followers over the last year.Dhlakama,whose former rebel movement has been repeatedly defeated by Frelimo in elections since the end of the war,has lived in a bush base in Central Sofala province for more than a year to escape what he says is government persecution.He is now expected to travel to the capital Maputo to sign a formal peace accord with Guebuza ahead of the October 15 election,in which he has registered as Renamo's presidential candidate.The constitution bars Guebuza from running for a third term and former Defense minister Filipe Nyusi will run as the Frelimo candidate.

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