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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I WAS NOT ARRESTED FOR LOOTING BUT INVITED BY THE EFCC TO RESPOND TO A PETITION-AKPABIO.

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                     Ex-Governor Godswill Akpabio made the clarification at a news conference today tuesday in Abuja to deny media reports that he was arrested by the EFCC.He said ''I was invited by the EFCC but that was a long time ago,just before my accident and i said okay that when i am fit that i will go to see them to respond to the allegation that they said a younger lawyer wrote petition against me.So when i was chanced on friday,i went there on my own to listen to them,go through the petitions and make my response.And thereafter i was allowed to go and i was admitted on bail,i think that is in line with their procedure,so it wasn't a function of an arrest.It was a voluntary decision on my part as a law abiding citizen to go there.I heard that some youthd were very disturbed in various parts of the Niger Delta.It wasn't a problem.I feel as a law abiding citizen people write petitions against you.As a lawyer we believe in let the other side be heard.The problem we have is the way sometimes things are publicised,allegation is not guilt and then of course the bloated figures that we see.If somebody has a petition against you for 20 billion,they will write 200 billion or 10 billion,they will then write 1 trillion and by the time it comes out,it goes all over the world that so,so person is standing trial.Infact,it is almost like judgement,the way the press reports it.Outside that i think it is a civic responsibility.And the right thing for me to do as a senator is that if a petition is written against me i should go and give my response to it so that they will have an informed judgment but that does not mean admission of guilt.No.I just want to urge all my people in Akwa Ibom State who probaly were disturbed to know that such monies were not missing from the coffers of the state,that is the simple truth.And if we had such additional sums as he {the petitioner} mentioned it,we would have done more for the state''.One more photo below.                                                                                                                                                  

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