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
Rev Father Emmanuel Akingbade,a parish priest of St Benedict of Ido-Ekiti,who was kidnapped from the parish house by three armed men on 8 June,is now free.The Bishop of Ekiti Diocese,Most Rev Felix Ajakaje,confirmed that father Akingbade has been released since June 16 after some negotiations.The kidnappers had asked for a large sum of money but the Bishop said he told them that the church was not a money making institution.He stressed that no ransom had been paid,but gave no further details.Bishop Ajakaje appealed that there should be recriminations or bad feelings against the kidnappers.''We want things to change for the better in our state'' he said.A thanksgiving mass was held these sunday for him at St Patrick Cathedral in Abujal.
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