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
In an online statement signed by David Iyofor,Amaechi's former Chief Press,dismissed the report that he,a ministerial nominee whose screening by the Senate had been deferred,was said to have raised his voice to express his frustration before leaving the residence without seeing the Senate President.The statement said that the imagery created in the last four paragraphs of the lead report in today's edition of the national daily {THISDAY} depicted an angry Amaechi who stormed the residence of the Senate President Bukola Saraki,raised his voice as he made a scene or caused a ''ruckus'' to display his frustration over the deferment of his screening by the Senate,before ''storming out in a huff'',without seeing the Senate President is absolutely not true.''There is a deliberate and carefully calibrated attempt to characterize Amaechi with a very bad and demeaning mannerism.We must clarify that Rt.Hon.Chibuike Rotimi Amaechi did not visit and was not at the residence of the Senate President on thursday of last week.Since he did not go to the residence of the Senate President on Thursday of last week,so there is absolutely no way what the newspaper source claimed to have transpired,happened.We must emphasize that former Governor Amaechi holds the office of the President of the Senate of the Federal Republic of Nigeria in very high esteem and will never disrespect or act in anyway that would out the office in disrepute.However,in this case,the incident reported never occurred either on thursday or any other day.While we understand the constraints and pressures journalists face in doing their jobs,we would advise them to be thorouh and double check or even triple check their sources of information.There seems to exist an axis of fifth columnists,masquerading as ''sources'' to journalists,but fabricates events,incidences and stories that never happened to malign and destroy the character and reputation of others,while fomenting acrimony and bad blood in the polity.Journalists must beware of such sources''.One more photo below. 
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