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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EX-NIGERIAN DEFENSE MINISTER,CHARGED WITH MONEY LAUNDERING.

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                  According Reuters,Nigerian former defense minister Bello Haliru Mohammed,has been charged with money laundering and criminal breach of trust over 300 million naira {$1.5 million} intended for defense spending.Bello Haliru Mohammed served under former President Goodluck Jonathan,who lost an election last year to President Muhammadu Buhari.Buhari says he wants to root out widespread corruption.The Economic and Financial Crimes Commission said Mohammed and his son,Bello Abba Mohammed,were charged with diverting funds meant for the procurement of arms through the office of the National Security Adviser in March 2015.The former defense minister and his son pleaded not guilty at Abujs's high court and the case was adjourned until thursday for a bail hearing.One more photo below.                                                                                                                    

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