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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BUHARI VS CAMERON:I AM INTERESTED IN THE RETURN OF STOLEN ASSETS HELD IN BRITISH BANKS THAN APOLOGY-BUHARI.

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               President Muhammadu Buhari,said today wednesday that he will not be seeking any apology from the UK after Prime Minister David Cameron labelled Nigeria ''Fantastically corrupt''.While speaking at the anti-corruption forum in London,Buhari said he was more interested in the return of stolen assets held in British banks.This came after David Cameron was recorded in a conversation with Queen Elizabeth,telling her that leaders of ''Fantastically corrupt countries'',would be attending his anti-corruption event,including Nigeria.The UK government will hot world and business leaders at the summit tomorrow thursday in London,aiming to ''galvanise a global response to tackle corruption.Transparency International's 2015 Corruption Perceptions Index placed Nigeria at 136th.In Buhari's speech,he described corruption as a ''hydra-headed monster which threatened the security of countries and does not differentiate between developed and developing countries''.Asked whetther his country was indeed ''fantastically corrupt'',Buhari said ''yes''.More photos below.                                                                                                                                   

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