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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THE PRESIDENT OF ALGERIA,SACKED THE HEAD OF THEIR COUNTRY'S INTELLIGENCE TO CURB POLITICAL INFLUENCE.

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               According to sources,the president of Algeria Abdelaziz Bouteflika dismissed the head of the country's military intelligence agency Mohamed Mediene yesterday sunday,in a move to curb the chief spy's political influence.The president replaced him immediately with General Athmane Tartag a specialist in war against armed groups and a serving security advisor to the president.Ex-chief spy Mohamed Mediene popularly known as Toufik is a powerful figure in the country having served the intelligence service for more than 20 years.The president has been restructuring the military and the intelligence service which has included sacking several top generals.Election observers have seen this as the president's last measures before the end of his 15 year reign.

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