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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GOVERNOR FAYOSE'S AIDE,WAS GRANTED BAIL TODAY BY A HIGH COURT IN ABUJA.

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               FCT High Court sitting in Abuja today thursday,July 21,2015,granted N50 million bail to Abiodun Agbele,an aide to Governor Ayodele Fayose of Ekiti State.Besides,the accused will produce two sureties of the Director Cadre in the civil service.Agbele is being prosecuted by the EFCC for allegedly buying properties for Fayose from the N1.219billion he received from a former Minister of Defence,Musiliu Obanikoro on behalf of Fayose during the build up to the Ekiti Governorship election in June 2014.More photos below.                                                                                                          

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