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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SKYE BANK WAS ON FIRE TODAY+CBN EXTENDS BVN REGISTRATION.

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              Today i took out my time for my Bank Verification Number,since it was announced that the dead line for the BVN is this wednesday.While waiting for the verification process to start,fire broke out from one of the office in Skye bank Omole phase 2 Ikeja and there was a lot of smoke everywhere.The smoke and the fear of the fire hurting anybody,made the bank security men to open the security doors for all the customers to rush out of the bank immediately.Thank God,nobody was hurt but that made the BVN process very slow as the fire affected their internet,i left my house around 8:am but i left the bank around 5pm today monday.The banks staffs were operating from one point out of the two verification point they have.CBN introduced the exercise in 2014 to enable banks check fraudulent practices by customers.During the verification process,a Skye bank staff announced that CBN has extended the deadline to September not wednesday these week again.More photos below.                                                                                        Godwin Emefiele, CBN Governor

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