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
Today at about 9:25 am in the morning,troops of 120 Task Force Battalion,27 Task Force Brigade,in conjunction with vigilantes while patrol,intercepted 5 Boko Haram terrorists logistics team at Gotumba area trying to move logistics items to suspected Boko Haram hideouts at Aluwa,using 5 donkeys.The terrorists on sighting the patrol team,ran and abandoned the items.However,the team pursued and killed 3 of them,while 2 escaped with gun shot wounds.Items recovered from them include 3 packets of Tramol,2 packets of Lamumol,7 packets of Really Extra,2 packets Viagra,2 of Ulgra and 14 of washing soap.Other items include 4 rolls of Klin Detergent,2 packets razor blade and 14 packets of Maggi,half bag of table salt,5 bicycle tyres and tubes,as well as 2 quick patch for tubes,1 roll of matches and 10 pairs of rubber shoes.The troops also recovered large quantity of potash,onions,locust beans,some quantity of rice,mats and tarpaulin .In a related development,based on information,troops of 7 Division Garrison today in conjunction Civilian JTF,arrested one Alhaji Bulama Budu at Old Maiduguri area.Preliminary investigation shows that Alhaji Bulami Budu,who hailed from Aiwa village,Mafa Local Government Area,was one of the Boko Haram terrorists detained at Giwa Barracks before he escaped when his colleagues,Boko Haram terrorists attacked the facility in March 2014.His arrest would further lend credence to Nigerian Army investigation on the incidence about the number of casualties killed by the terrorists and those that escaped that day.He is currently being interrogated by the Joint Intelligent Committee.-Colonel Sani Kukasheka Usman,Acting Director Army Public Relations.More photos below. 
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