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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A 57 YEAR OLD MAN,ARRAIGNED IN BENIN FOR DUPING 5 JOB SEEKERS.

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                                                                                According to sources,the Police in Benin, has arraigned one 57 year oldOlusanmi Kolawole before an Egor Magistrate court,for allegedly defrauding five job seekers the sum of N1,160,000.He allegedly collected about N200,000 from each of the five victims,whose names were given as Bello Samson,Samuel Ekpudu,Innocent Oboh,Gbenga Olukoya,and Yemi Olukoya,while promising to secure appointments for them at the Nigeria Maritime Administration and Safety Agency.The accused who pleaded not guilty to all the charges,was granted bail by the Presiding Magistrate Igho Braimoh in the sum of N250,000 and a surety in like sum,who be gainfully employed.She thereafter adjourned the case to 10th of December 2015.The said offence was committed on 8th of April 2013 in Egor local government area of the state.The offence was said to have contravened Section 508 of the Criminal Code and punishable under section 419 of the Criminal Cap 48 Vol ii laws of defunct Bendel State of Nigeria,as applicable in the state.

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