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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SARAKI'S TRIAL,SUSPENDED BY THE SUPREME COURT TODAY.

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           Today thursday,the Supreme Court directed the Code of Conduct Tribunal {CCT} to suspend proceedings in the trial of Senate President,Bukola Saraki.The directive by a five man panel,led by Justice John Fabiyi,followed an undertaking by the respondents lawyer,Rotimi Jacobs {SAN},to the effect that since the court has granted accelerated hearing in the appeal,he will prevail on the CCT not to proceed with trial until the apex court rule on Saraki's appeal.''The appellant's brief of argument was filed yesterday {November 11,2015}.The respondent's brief of argument shall be filed within seven days from today.If need be,the  appellant's reply shall be filed within seven days thereafter.All these point to the fact that both parties are interested in expeditious hearing of the main appeal before this.Learned counsel for the respondents has given an undertaking that no unusual steps would be taken on behalf of the respondents.It is imperative to say that parties,as well as the chairman of the Code of Conduct Tribunal {CCT},should Tarry awhile.In effect,further proceedings before the Code of Conduct Tribunal should be stayed pending the hearing of the main appeal.Hearing date shall be communicated to the parties in due course''. One more photo below.                                                                   

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