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
88 year old Pa Adeola Ajidahun,was arrested and charged before Igbosere Magistrate court for fraud.He allegedly defrauded more than 15 victims of over N100 million in land scam in Lekki Resettlement Schemes in Eti-Osa Local Government Area.He was again arrested after he allegedly defrauded Kehinde Ola to the tune of N30 million under the false pretence of selling some plots of land at the same resettlement in Lagos.After he was charged to court,the Ekiti born Ajidahun was remanded in prison custody at Ikoyi pending when he will perfect his bail.Pa Ajidahun,whi resides at 89,Karimu Laka street,Egbeda area of Lagos,allegedly defrauded Ola after he convinced him that the Lagos state government allocated some plots of land to him to sell in the area.He allegedly brandished fake documents to convince Ola and later took him to the area in Lekki with his agent,Felix Olu Fadare,and showed him the parcels of land.Ola who did not suspect any foul play,paid for the land through his bank.Unknown to Ola,the land Ajihahun sold to him belonged to another family in the area.Ola also defrauded other victims including one Tony Ezeoke,also lost over N10 million on the same land.He sold Ezeoke the land marked by the state government as road leading to the area.When Ola discovered the fraud,he petitioned Anti-Special Fraud Unit,SFU,and Ajidahun was arrested and investigated.During the investigation,the police discovered that he had defrauded many other victims and was using an estate agent identified as Felix Olu Fadare,who is now at large,to defraud victims.Ajidahun was charged with conspiracy,obtaining under false pretence and stealing under the Criminal Code.The presiding Magistrate Mrs O.O Oshin granted him bail in the sum of N500,000 with two sureties in like sum.He was remanded after his relations did not show up to perfect his bail condition.The case was adjourned till October following the transfer of Oshin.The picture above is Pa Adeola Ajidahun while the one below is the Estate agent Felix Olu Fadare.One more photo below. 
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