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 dismissed soldier from a military formation in Lagos,38 year old Ibrahim Ari has been arraigned for allegedly robbing Hassan Mohammed of the sum of N5,855,000 inside his vehicle.Operatives of the Federal Special Anti-Robbery Squad {FSARS},Adeniji Adele Road,Lagos,arrested Ari sometime last year.After robbing the victim of the money at gun point,he threw him out of the moving vehicle and escaped.After the incident was reported to the police,Ari and his accomplice were arrested.After investigation by CSP D.Daura and his team,the accused was arraigned before an Igbosere magistrate court,Lagos on a two count charge of felony to wit,armed robbery.The police prosecutor,Supol C.N Odii informed the court that the accused and his accomplice currently remanded at Ikoyi Prison,Lagos,committed the offence on 17 May 2014 at Obalende B/stop,Lagos.Odii told the court that the incident occurred when the victim was sent to the bank by his boss,Alhaji Aliu Tanko,to lodge the sum of N3,285,000,700 British Pound Sterling and $160 USD all valued at the N5,855,000 into his account.He alleged that the accused,who was still a serving military officer at the time of the incident,and his accomplice ambushed the victim at Obalende bus stop,Lagos with their unpainted cab pretending to be a cab drivers.Immediately the victim arrived Obalende to board a bus to the bank,the accused and his partner in crime lured the victim into their cab as a passenger and zoomed off.As the accused got to the 3rd Mainland bridge,Lagos,he threatened the victim with a pistol,robbed of the money and pushed him out of the moving vehicle and escaped.
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