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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PSQUARE DEBUNK THE RUMOURS GOING ROUND,ABOUT THE SITUATION IN THEIR HOUSE IN OMOLE.

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                The brotherly group Psquare,made of Peter and Paul Okoye is countering the rumours going about how some people stormed their home in Omole Phase 1 Ikeja .So Paul Okoye took to his social media to write ''Pls ignore the rumours that is spraying that our house is on fire lol.People sha God forbid...there was a situation in our neighbourhood early hours of this morning....and our attention was needed....And my people called me as early as 5am...So i had to drive from Island to the mainland to intervene..I was the only person around...Those of you spraying what ever i don't blame you all....God will never allow that to happen..In Jesus name...sorry i have to use social media lol ,...Respect''.The rumours going that ''Residents of Omole Estate woke up friday morning to the invasion of Square Villa,home of Psquare,by policemen,purportedly carrying out a court order to reclaim about N8million said to have been paid to Psquare for a show they eventually turned down.A leader of the delegation who spoke exclusively to NET said they were carrying out an order passed by the Ikeja High Court,Lagos.Psquare were paid over N8million Naira for a show and they didn't show up for the show.Our job here is to enforce the court injunction and retrieve the cash.Right now they say they are trying to transfer the money and that's why we are waiting''.Hmmm.More photos below.                                                                                                                                                                

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