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

ACE BOXER BASH ALI,DETAINED BY THE NIGERIAN POLICE IN ABUJA.

                According to sources,Edo state born boxer,Bash Ali,was at the headquaters of NEXIM Bank in Abuja to see it's Managing Director,Robert Orya to demand the release of the N150 million financial support to aid the hosting of a competition.The money is to be given to the Local Organizing Committee,LOC,inaugurated by the former chairman of the National Sports Commission,Bolaji Abdullahi in January.Bash Ali who had been having a running battle with the M.D of NEXIM Bank over his refusal to release the money could not see him yesterday,instead he was arrested by men of the Nigerian Police attached to the Federal secretariat in Abuja when he arrived the premises at the bank.Bash Ali said ''I was at the bank yesterday only to be arrested.The Divisional police office D.P.O,attached to the station told me to write a statement,but i told him that i won't write anything because i was at the bank to demand for the legitimate money that Mr Orya has to give to LOC of the fight.No kobo has been released because they want a private meeting with me,which i refused.The government of Nigeria gave me a national honour,but see where i am today?.The Police were told to detain me like an armed robber because i demanded that the President's order must be strictly followed''.One more picture below.                                                                   

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