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

GOVERNOR AMBODE,NOMINATED EX-LAGOS CJ,AS THE NEW ''LASIEC'',CHAIRMAN TODAY.

                                                           Lagos State Governor,Mr Akinwunmi Ambode has nominated the immediate past Chief Judge of the State,Justice Ayotunde Philips as replacement for the retired Chairman of the Lagos State Independent Electoral Commission {LASIEC},Hon.Justice Fatai Adeyinka.The Governor,in a letter addressed to the State House of Assembly,which was read on the floor of the House on tuesday,said the decision to nominate Justice Philips was pursuant to the powers conferred on him by Section 2 {1} and {2} of the LASIEC Act,2008.According to the letter which was read by House Clerk,Mr Ganiyu Abiru,Governor Ambode said the nomination of Justice Ayotunde was in tandem with the provision of the law which mandated that the House must ratify such appointment by way of screening and resolution.The letter reads in part:''Accordingly,following the retirement of Justice A.F Adeyinka,the current LASIEC Chairman,Justice Ayotunde Philips {Rtd} is being presented as the Chairman of Lagos State Independent Electoral Commission {LASIEC}.While looking forward for the favourable confirmation of the honourable House of Assembly,please accept the assurance of my esteemed regard''.After the letter was read,the House adjourned to May 9,2016 for deliberation on the Governor's letter.The House,it would be recalled,had earlier confirmed Governor Ambode's nominees for appointment as members of the Board of LASIEC.They are Dr, Bunmi Omosehinde,Mr Lateef Raji,Mrs Toyin Ibrahim-Famakinwa and Mr Olusegun Ayedun.One more photo below.                                         

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