LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
25 years old Edward Nnaji,wearing white singlet in the picture above was arrested with two other accomplices,two years after they allegedly conspired with others to kidnap a female banker,Popoola Morenikeji,and collected the sum of N5million as ransom before they set her free.The suspects according to the police,allegedly kidnapped the victim at Amuwo Odofin area of Mile 2,Lagos,close to her residence when she stepped out of her vehicle to buy something and took her to an uncompleted building in a bush at Mowe area of Ogun state.They allegedly tied her legs and hands and kept her for four days until a ransom was paid before they set her free.The victim family paid the sum of N5 million as ransom.The suspects also sold the victims Toyota Corolla car valued at N1.8 million for N250,000 to David Nwangboe,who is now at large.They als sold all her jewellery and hand sets of the victim valued at N2 million and shared the loot.Other suspects arrested in connection with the crime includes 23 year old Osas Osagie from Ogbe village,Oredo LGA of Edo state and 29 year old Patrick Donatus Jackson who resides at 13 Famuyiwa street,Idimangoro Agege,Lagos,and hails from Akwa Ibom state.Nemesis caught up with the kidnappers two years after crime when they regrouped and sent a threat text message to the victim to send N150,000 into their account for recharge card,with a warning that if she failed to send the money,they will trail her this time around and eliminate her.The banker immediately sent a petition to the Inspector General of police after receiving the SMS to save her from the Kidnappers.They suspects were all arrested after the police made their investigations.They were arraigned before a Magistrate court in Igosere but their plea was not taken and the matter was adjourned to 13th of January 2015 for mention.Edward Nnaji who is the ring leader is said to have acted a movie titled ''Friday Night'' and he his also the music Director at Christ Embassy church,Zone 1,Idimangoro prish,Agege,Lagos.
This is absolutely greediness and God just put that on them to pay for the evil they have done!
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