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 REMANDS NENADI USMAN,FANI KAYODE IN PRISON TODAY+ADJOURN THEIR CASE TO FRIDAY.{PHOTOS}.

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                        The EFCC today tuesday June 28,2016 arraigned Nenadi Ester Usman,a former Minister of Finnance and Director of Finance PDP Presidential Campaign Organization in the last general election;Femi Fani-Kayode also a former Minister and Director /Media/Publicity of the PDP Presidential Campaign Organization,Danjuma Yusuf and Jointrust Dimentions Nigeria Limited before Justice ,M.S Hassan of the Federal High Court Lagos,on a 17 count charge bordering on conspiracy,stealing and illegally disturbed about N4.9 billion Naira belonging to the Federal Government of Nigeria for political and personal uses.The defendants pleaded not guilty to all the charges preferred against them.The Judge however,ordered that the defendants be remanded in prison custody and adjourned to Friday,July 1,2016 for hearing of bail applications.More photos below.                      

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