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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KENYA,REJECTS NORTH KOREA'S OFFER TO OPEN AN EMBASSY IN THEIR COUNTRY.

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                     According to sources,an attempt by North Korea to establish a diplomatic mission in Nairobi has been turned down.Diplomatic source within the United Nation office in Nairobi have indicated that the UN mounted pressure on Nairobi to reject the move by North Koreans,despite officials from that countr visiting Nairobi twice.Though on sunday,the government denied that North Korea,formally known as the Democratic people's Republic of Korea {DPRK},has made the application.Foreign Affairs Principal Secretary Karanja Kibicho told their Kenya citizens that ''That is not true.North Korea did not make such request''.However the UN says two delegations came to Nairobi in November last year and in early March,seeking favours and hopefully start a process of establishing a diplomatic post in Nairobi.''The delegations had had very powerful officials in the government of North Korea.They sought to speak with foreign ministry officials over the possibility of establishing an embassy.The UN suggested against it and there was further pressure from other countries who voiced similar concerns''.

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