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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ARMED ROBBERS STORMED A COMMERCIAL BANK IN AGBARA OGUN STATE AND KILLED MANY PEOPLE TODAY.

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              Today thursday around 8:am,armed robbers stormed a commercial in Agbara,Ogunstate.It was learnt that First bank,Zenith bank,Guarantee Trust bank,Union bank and First City Monument bank,as well as United Bank of Africa {UBA} are located in the area.Pressmen said the armed robbers left the peaceful estate in a pool of peoples blood,while employees of companies such as Nestle food,Beta Glass,Reckitt Benckiser and Lotus plastic scampered to safety.A source said ''They arrived the area at about 8:30 am and started operating in some of the popular banks.They were seriously robbing and killing people.They were just shooting any how.So many people on the ground bleeding''.One more photo below.                                                                                                                     

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