LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
The Nigerian army on friday paraded one Prince Onyemauche accused of impersonation as a Colonel in the army.Army spokesman Colonel Sani Usman while parading Onyemauche before journalists at the army headquarters in Abuja said he was arrested with an automatic rifle and pistol.Usman said Onyemauche was arrested alongside one sergeant Jacob Phillip by troops of 176 Special Forces Gurads Battalion at about 12:30 in the early morning of 17th February 2016,along Wazobia Motor Park,Gwagwalada Abuja.He said after the arrest both suspects were carried to Gwagwagalada Barracks where a search on the Pick-up revealed an AK 47 Rifle,with registration number 3290 and four magazines,out of which two were loaded with 42 rounds of 7.62 ammunition.He added that ''A lugar pistol,21x 9mm Parabellium ammunition and the sum of one million,eleven thousand three hundred naira {N1,011,300.00} was found''.Usman said initial investigation revealed that Onyemauche had habitually been illegally using soldiers as escort while travelling out of Lagos to his village in Imo state and sometimes to Abuja.He said ''The three identified soldiers,including Sergeant Jacob Phillip,who travelled with the suspect without official authorization,are awaiting trial by a court martial''.Usman stated that Onyemauche would be handed over to the civil police for further investigation and prosecution. 
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