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

DSS ARRAIGNS 2 MEN TODAY,FOR CLONING GOVERNOR AMBODE'S PHONE NUMBER,IN OTHER TO DUPE PEOPLE.{PHOTOS}.

                    The Department of State Security {DSS} on wednesday arraigned two artisans before an Isolo Magistrate Court for allegedli cloning the mobile line of Lagis State Governor,Mr Akinwunmi Ambode in order to perpetuate a N50 million fraud.The suspects,Rilwanu Jamiu and Balogun Stanley Oyewole,who vlaimed to be cocoa dealers were said to have attempted to initiate a N50 million transfer with the said mobile line.Prosecuting counsel from the DSS,Mr Peter Okerinmodun told Chief Magistrate Adeola Adedayo that the suspects were arrested after using the cloned mobile line of the Governor to send a text message to the Accountant General of the State requesting for transfer of N50 million on February 10,2016.The two suspects,who conspired with others now at large,pleaded not guilty to the charges,while the prosecutor requested that they should be kept in protective custody pending the outcome of the legal advice of the Directorate of Public Prosecution {DPP} in view of the fact that their lives could be endangered by other suspects who are on the run.But Magistrate Adedayo overruled the request of Okerinmodun,saying the DSS ought to have kept them in custody judging by the fact that their lives could be in danger.According to her,''Since the offence for which the accused persons were charged to court was bailable and the fact that the Magistrate Court is a court of summary trial,i am inclined to grant bail to the accused persons''.She therefore granted the accused bail in the sum of N1 million each and two sureties in like sum,ruling that one of the sureties must be a religious or community leader within the jurisdiction of the court,and that the accused persons must provide five years tax clearance certificates.The Chief Magistrate,however,ordered the accused persons to be remanded in Kirkiri Prison pending the fulfillment of their conditions,and adjourned the case to May 10,2016.More photos below.                              

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