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
What started the kidnaps and killings was when three officials from the mostly Muslim Seleka alliance were attacked while driving through a neighborhood controlled by the rival militia yesterday monday.Later the same day,three young Christians working in a Muslim enclave of the capital ,Bangui,called PK5,were abducted in an apparent act of revenge.According to residents,the twin incidents risk derailing talks aimed at restoring order in the tumultuous country,where the former colonial power France and other international allies are pushing for elections this year.The Seleka members had been participating in the talks,convened by the interim president,Catherine Samba-Panza.Security minister and government spokesman Dominique said Paguindj said all six hostages had been killed.So had another person whose identity was unclear.
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