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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FIFA PRESIDENT SEPP BLATTER,RESIGNS FEW DAYS AFTER RE-ELECTED.

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                 He just announced that he will resign as president of FIFA,concerning a major international scandal involving 14 senior FIFA officials accepting 10 million dollars in bribe from the South African government.Sepp Blatter said ''I only want to do the best for FIFA and my institution.I decided to stand again as the best option for football.The elections are closed but the challenges we face haven't come to an end.FIFA needs restructuring.Although FIFA have given me a new mandate,it doesn't seem to be supported by everyone fans,clubs,those who inspired FIFA like we do''.Since last week the FBI in the United States has charged 14 with high level official corruption.After 17 years,Sepp Blatter announced that he will intiate an ''Extraordinary Congress'' to find his successor.

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