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 STRIKES OUT EX-PRESIDENT JONATHAN'S COUSIN ''AZIBOLA'' SUIT AGAINST EFCC TODAY.{PHOTOS}.

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                                 Justice Candid Johnson of the Lagos State High Court sitting in Igbosere today,June 21,2016,struck out a motion filed against the EFCC by Azibola Robert,a cousin of the former President Goodluck Jonathan,asking the court to restrain the Commission from arresting,detaining or investigating him.The motion was struck out on grounds of lacking diligent prosecution.In the motion,Azibola requested for an order nullifying and setting aside the remand order obtained by the EFCC to remand him,an order directing the Commission to release him from custody,an order of perpetual injunction restraining the EFCC or any person whatsoever acting for/on behalf of the Commission from arresting or detaining him and demand of special damages in the sum of N200,000,000 {Two Hundred Million Naira Only}.Azibola is being investigated by the EFCC for suspicious contracts awarded to him by the former National Security Adviser to former President,Goodluck Jonathan.The investigation revealed that between 2012 and 2015,Colonel Sambo Dasuki allegedly awarded fictitious contracts to the tunes of N2,219,188,609.50 {Two Billion,Two Hundred and Nineteen Million,One Hundred and Eighty Eight Thousand,Six Hundred and Nine Naira,Fifty Kobo},$1,671,742,613.58 {One Billion,Six Hundred Seventy One Million,Seven Hundred and Forty Two Thousand,Six Hundred and Thirteen Dollars Fifty Eight cents} and £9,905,477.00 {Nine Million,Nine Hundred and Five Thousand,Four Hundred and Seventy Seven Euros} respectively to Azibola and his companies and proxies.Also the sums of $40 million and N650 million was said to have been traced in the bank account of Azibola as moneies paid by the former NSA.it would be recalled that Azibola made similar mottion before Abuja High Court and same was dismissed by Honourable Justice O.O Goodluck of Abuja High Court.He later filed two separate motions before Honourable justice C.M.A Olatoregun of the Federal High Court Lagos and Justice Candid Johnson of the Lagos High Court.More photos below.                                                             

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