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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MANY PEOPLE WERE KILLED IN A BANK ROBBERY TODAY,IN EDO STATE.

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                   Today wednesday,several people including policemen were killed during a bank robbery at Igara headquarters of Akoko Edo  local government area of Edo state.A security guard at the bank was killed at the operation which eyewitness said lasted one hour.The robbery operation was said to have begun at about 6am today shortly after the state's Police Commissioner,Chris Ezike,left Auchi which is about 30 minutes drive from Igara.An eyewitness said the robbers killed a guard and started shooting people after ransacking the bank and attacking policemen at the police station.Many people are receiving treatment at an undisclosed hospital in the area.Another witness said the robbers were heavily armed and engaged the police in a shoot out.One more photo below.                                           

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