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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SOUTH KOREAN PRESIDENT,RECEIVED A 21 GUN SALUTE IN KENYA TODAY AS SHE PROCEEDS TO SIGN AN AGREEMENT.{PHOTOS}.

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                  On the second day of her three days visit,South Korean President Park Geun-hye received a 21 gun salute and a military guard of honour.Park is in Kenya to improve trade between the two nations which currently favours South Korea.Kenya is the third leg of her African tour which started with Ethiopia and Uganda.The two presidents held talks today tuesday and were expected to sign agreements later in the day.According to South Korea's ambassador to Kenya Young Dae Kwon,Park is travelling with a delegation of more than 200 who include businessmen and government officials.Kwon said bilateral agreements in security,health,agriculture,information technology,trade and culture will be signed in the tour.More photos below.                                                                              

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