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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A EX-COMMISSIONER IN ADAMAWA STATE,SENTENCED TO 10 YEARS FOR FRAUD YESTERDAY.

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                  Yesterday friday December 4,2015,a former Commissioner of Local Government Affairs in Adamawa state,John Ellias Babani,was sentenced to to 10 years by Justice Bilikisu Bello Aliyu of the Federal High Court,Yoa,Adamawa state for defrauding Adamawa state government of the Sum of N51.5 miion while in office.He was arraigned by the EFCC {Economic and Financial Crimes Commission} on March 5,2013 alongside two others who were discharged as well as a company owned by Elias on four count charges of fraud.Justice Aliyu sentenced the first convict,John Babani Elias to 10 years imprisonment on count 3 and 4 but the two sentences will run concurrently,and he must refund the sum of N51.5 million to Adamawa state Local Government joint account fund from where it was stolen.The judge also ordered the Corporate Affairs Commission {CAC} to wind up Al-Akim Investment Limited and have its assets forfeited to the Federal Government of Nigeria.Justice Aliyu said the Judgement will serve as a  deterrent to public office holders who may want to divert public funds for personal benefit.One more photo below.                                                                            

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