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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F.H.C IN ABUJA,REJECTS SENATOR SARAKI'S PRAYERS TO STOP HIS ARREST.

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                          Today monday,it was reported that Justice Ahmed Mohammed of the Federal High Court in Abujs,has rejected the prayers by Senator Bukola Saraki to stop his arrest as ordered by the Code of Conduct Tribunal.The tribunal today ordered the Inspector General of Police to arrest and produce Senator Saraki in court tomorrow tuesday by 10:00am.Last week thursday,Justice Mohammed had given an order summoning the officials of Code of Conduct Bureau and Code of Conduct Tribunal to his court today,an order interpreted by Saraki's legal team as meaning the stoppage of the planned trial at the tribunal.But the tribunal said the interpretation was of no effect as it enjoys concurrent powers with the Federal High Court.Barrister A.O Adelodun argued Saraki's case,while Taiwo Abidogun stood in for the defendants.The latter told the court that it lacks the power to make the order being requested by Team Saraki.Justice Mohammed declined to rule on all the issues raised and adjourned matters till 30 of September.

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