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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2 ITALIANS CAPTURED IN LIBYA LAST YEAR,WERE FREED TODAY.

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                          Today friday,two Italian civilians held hostage in Libya since last July were freed,just 48 hours after two fellow captives were allegedly executed by Islamic State militants in the north African state.The four were employees of Italian construction company Bonatti and were seized last year near the western Libyan city of Sabratha,near a compound owned by the energy group Eni.The families of Gino Pollicardo and Filippo Calcagno confirmed the pair had been released and photos posted on social media showed the bearded men calling home.A handwritten note written by Pollicardo and published online by the Sabratha Media center reads ''We are free and physically OK,but psychologically we are devastated''.A spokeman for security forces in Sabratha,Sabri Kshada,said the two men were released during aa raid early today friday.''They were found alive during a raid by the local fighters against one of the hideouts of Islamic State in Sabratha''.One more photo below.                                                                                                                                                             

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