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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ABOUT 700 MIGRANTS DIED IN SHIP WRECKS OFF LIBYAN COAST FROM WEDNESDAY-FRIDAY.

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                              The boats capsized in the waters south of Italy on wednesday,thursday and friday as migrants were making a perilous attempt to reach Europe in sea unworthy vessels.Almost 100 migrants are missing from a smugglers boat which capsized on wednesday.About 550 migrants are missing from a boat which overturned on thursday morning after leaving the Libyan port of Sabratha on wednesday.Survivors said the boat had no engine and was being towed by a second smuggling vessel.In a third shipwreck on friday,135 people were rescued,45 bodies pulled from the water and an unspecified number of others are missing.One more photo below.                                                                       

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