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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7 SUSPECTED ISLAMIST MILITANTS,WERE ARRESTED TODAY IN SPAIN.

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                    According to Spain Ministry of Interior,who confirmed that their police arrested seven people with suspected links to Islamist militant groups today sunday in a dawn raid in the regions of Alicante and Valencia in Spain's north African enclave Ceuta.The ministry said that those arrested were suspected of operating a supply network for Islamist fighters in Syria and Iraq,sending money,guns,computer equipment and material for making explosives in sealed containers under the guise of humanitarian relief.Five of the suspects were Spaniards of Syrian,Jordanian and Moroccan descent and the remaining two were a Syrian and a Moroccan.Police searched homes,businesses and warehouses as part of the operation.Today sunday's arrest was the result of two years on investigation into the ring by authorities.The arrested people had carried out their activities in other European countries before settling in Spain.Spain arrested 102 people with suspected links to Islamist militants last year,more than twice the number arrested in the previous year as police stepped up security measures following attacks in Paris in January 2015.One more photo below.                                                

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