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
Images from the first rescue helicopters to reach the crash site showed wreckage scattered across hundreds of metres of mountainside,with some debris looking like a size of a car.According to todays report,the Germanwings flight 4 U 9525 were shroud in mystery today after air traffi controllers claimed they received no SOS,despite the jet nosediving 32,000ft in just eight minutes.All 144 passengers and six crew were today presumed dead after the Airbus A320 crashed in a remote region of the French Alps enroute from Spain to Germany.Two babies were among 45 Spanish on board and 16 children from the same school on an exchange trip were among some 100 Germans also feared to have died.Earlier reports quoted aviation sources in France as saying the pilots issued a mayday distress signal and requested an emergency descent minutes before it hit the ground.However,civil aviation authorities later denied that air traffic controllers received any such call.A spokesman for the French civil aviation authorities said ''The aircraft did not itself make a distress call,but it was the combination of the loss of radio contact and the aircraft's descent which led the controller to implement the distress phase.Germanwings Chief executive Thoman Winkelmann said the aircraft began descending at 10:45am,a minute after reaching cruising height of 38,000ft.More photos below. 
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