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
According to sources,a brave residents of Ayobo in Ipaja area of Lagos state,have arrested four suspects who allegedly came in the night to rob the residents.The incident happened at Ashapa area of Ayobo in Ipaja.The residents also recovered arms such as guns,cutlasses,knives,charms and other weapons from the robbers.The suspects allegedly invaded the area with their arms to rob the residents at about 3.00 am on sunday.The residents resisted and pursued them into a bush in the area.They mobilized other residents who surrounded the bush and combed it,and eventually arrested four of the suspects,while one of them escaped.They handed over the four suspects and the weapons they recovered from them,were given to the police in Ipaja division who transferred the suspects to the Commissioner of Police at the Command's Headquarters in Ikeja.The commissioner of police,Mr Fatai Owoseni,who saw the suspects and some of the residents at the State Command commended the residents for their efforts in policing their community.Some of the residents who spoke to pressmen confirmed that robbers have been terrorizing them and they had to mobilise themselves to ward off the robbery attacks.It was while some groups were on guard at night that the suspects came and they raised the alarm which attracted other residents and it led to the arrest of the suspects.
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