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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TO ADD SALT TO THE INJURY,BURUNDI GOVERNMENT,IS ASKING CITIZENS TO CONTRIBUTE TOWARDS JUNE ELECTIONS.

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                       The appeal for the fund was written in French but translated to English.The message reads ''In other to fulfill its commitment to establish a democratic culture based on the universal principle of choice by the people of their basic leadership at the top,the Government invites patriotic citizens convinced of this noble principle,a voluntary contribution to support the efforts already made by the friends of Burundi.To do this,an account has been opened at the Bank of the Republic of Burundi {BRB#} under name:1110/232 title ''Election 2015''.The EU is withholding $2.3m of funding for the elections unless ''Conditions for a free,peaceful and credible election are secured''.Former colonial master Belgium has also suspended $2.2m funding for the elections.One more photo below.                                                                                              BURUNDIR

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