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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A COMPANY DRIVER ARRESTED AFTER HE STOLE 1,200 BAGS OF BUA SUGAR.

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                                            27 year old Wasiu Bello who was entrusted with 1,200 bags of BUA sugar by his employers so that he can deliver it to his employer's customer Aliamen Abubakar,instead he ran away with the goods,sold the goods and abandoned the truck on the road.It was Abubakar the customer that informed the company that he has not received the goods.Wasiu Bello was at last arrested by the police while two other accomplice escaped.Bello Wasiu charged with conspiracy and stealing before a Lagos court sitting in Ejigbo Lagos.The presiding Magistrate,Mrs M.B Folani granted him bail in the sum of N5 million with two sureties.He will be remanded in prison custody  at Kirikiri,Lagos pending when he will perfect his bail conditions.The matter was adjourned till 10 November 2014.Na wahooo.

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