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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COURT GRANTS EX-DIRECTOR GENERAL OF NIMASA BAIL TODAY,PENDING HIS APPEAL.

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                  Court grants convicted Omatseye bail pending appeal.The convicted former Director General of Nigerian Maritime Administration and Safety Agency {NIMASA},Temisan Omatseye,was today Monday 6th of June 2016,granted bail pending appeal before Justice Rita Ofili-Ajumogobia of a Federal High Court sitting in Lagos which earlier slammed the convict with a five year jail term.Omatseye was prosecuted by EFCC,on a 25 count charge of bid rigging,contract variation and awarding contract above his approval limit while he was the boss of the maritime regulatory agency.One more photo below.                                                                                                     

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