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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SEPP BLATTER AND MICHEL PLATINI,SUSPENDED FOR 8 YEARS FROM ALL FOOTBALL ACTIVITIES.

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                            It was reported today monday that FIFA President Sepp Blatter and UEFA boss Michel Platini have been suspended for eight years from all football-related activities followiung an ethics investigation.They were found guilty of breaches surrounding a £1.3m {$2m} ''Disloyal payment'' made to Platini in 2011.The FIFA ethics committee found Batter and Platini had demonstrated an abusive execution of their positions.Platini said ''The decision was a masquerade intended to dirty his name while Sepp Blatter said ''I will fight for me and for FIFA''.Both men,continue to deny wrongdoing and intended to appeal to the Court of Arbitration for Sport.Blatter from Swiss and 60 year old Frenchman Platini have also been fined £33,700 {$40,000} and £54,000 {$80,000} respectively.One more photo below.                                                                                                    

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