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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BOKO HARAM KEY LEADER,ARRESTED IN CHAD ON SUNDAY.

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               It was reported today that a Chadian Public Prsecutor,Alghassin Khamis said today tuesday that one of the key Boko Haram leaders,Baana Fanay,who has been coordinating trafficking of weapons in Nigeria,Cameroon and Chad was arrested on sunday in N'Djamena.He was arrested by security forces after a fierce resistence.He said Fanay alias Mahamat Moustapha who was arrested with two other terrorists,was responsible for the purchase of weapons and recruitment of fighters for Boko Haram.The prosecutor said that a search in the suspects house led to the seizure of different weapons and documents written in Arabic by Boko Haram leader,Aboukaka Shekau,targeting the sect's recruits.The arrest also led investigators to discover the location of seven other terrorists hiding in a house in Diguel,a Dinguessousuburb,on the periphery of N'Djamena.A man believed to be the financier of the group was arrested and under investigation.The outcome of the investigation would help investigators to dismantle Boko Haram network in the country.

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