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 PLANE CARRYING A DEAD BODY AND MILLIONS OF SOUTH AFRICAN RAND,SEIzED IN zIMBABWE.

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cargo planer                          According to CCTV,zimbabwe has seized a plane with millions of South African rand after a dead body was discovered on board.Their Civil Aviation Authority stated that the matter is now being investigated by the police,however added that the Plane owned to the Western Global Airlines,in Florida,United States belonged to the South African Reserve Bank.Pradeep Maharaji,a senior official at the Reserve bank said that ''The South African Reserve Bank {SARB} is aware of an aircraft carrying a SARB consignment that stopped in Harare and was detained following the discovery of an unidentified body that is presumed to be a stowaway on the aircraft''.According to Maharaj,the Reserve Bank is working with zimbabwe authorities to have the cargo released and transported to South Africa.zthe plane was en route to South Africa from Germany before requesting for permission to refuel at zimbabwe's Harare International Airport.One more photo below.                                            

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