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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A PASTOR & 1 OTHER MAN,WERE SENTENCED TO 14 YEARS IMPRISONMENT YESTERDAY IN GOMBE FOR OBTAINING BY FALSE PRETENCE.{PHOTOS}.

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                          The EFCC on 11th July 2016,secured the conviction of Pastor Emmanuel Markus Anga and Atin Victor Generous before Justice Abubakar Jauro of Gombe State High Court on two count bordering on conspiracy and obtaining money by false pretense.Justice Jauro convicted and sentence the convicts to seven years imprisonment on count one {conspiracy},the sentence are to run-concurrently,and also convicted and sentence Generous to another seven years in count two {Obtaining by false pretense},the sentence are to commence on 11th July,2016.Anga and Generous are alleged to have in November 203,deceived David Madison,into believing that they were employees of foreign exchange business,Gora Commanding Resources,which they claimed belonged to Philemon Gora,who is still at large.Madison was lured into believing that his investment of five hundred thousand {N500,000.00} would yield him ten percent {10%} interest as returns on a monthly basis.He however discovered later that the 10% on his capital reflected on his account only in the first month of his investment.While all the effort to recover his money proved abortive.While delivering his judgment,Justice Jauro,ordered Generous to restitute five hundred thousand naira,N500,000.00 to the victim.One more photo below.                                                                                 

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