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
John Nash and his wife Alicia,were killed in an auto crash on the New Jersey Tumpike,saturday afternoon.The couple were in a Taxi whose driver lost control and crashed into a guard rail.The Nobel Laureate whose life as both a mathematician genius and a victim of cruel mental disorders,inspired the 2001 film ''A Beautiful Mind''.It was not until after the movie was released that his work was known as a brilliant and eccentric.He was associated with Princeton University for many years,most recently his serving as senior research Mathematician.He won the Nobel prize in economic in 1994,for his work in game theory,which offered insight into dynamics of human rivalry.He died on saturday at the age of 86.One more photo below. 
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