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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GEORGE CLOONEY,LAUNCHED AN INITIATIVE YESTERDAY,THAT WILL HELP TRACE SPONSORS OF WARS IN AFRICA.

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               Yesterday monday,54 year old Hollywood actor George Clooney,launched an initiative to track down and help bring to justice those funding and profiting from Africa' deadliest conflicts,in a bid to fight corruption in war zones.George Clooney joined forces with US human rights activist John Prendergast in a project called The Sentry that aims to investigate the flow of money in and out of conflict zones and give policy makers the tools to take effective action.Using data collection,field research and analysis technology,the initiative plans to expose how conflict is financed and profits laundered,with a website that encourages people to anonymously submit leaks and tips. George Clooney said the aim is to ''Deny war profiteers the proceeds from their crimes.Real leverage for peace and human rights will come when the people who benefit from war will pay a price for the damage they cause''

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