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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LIONEL MESSI,SENTENCED TO 21 MONTHS IN PRISON TODAY FOR TAX FRAUD LIKEWISE HIS FATHER.{PHOTOS}.

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                          Today wednesday,Argentina and Barcelona footballer Lionel Messi has been sentenced to 21 months in prison for tax fraud.According to BBC,his father,Jorge Messi,was also given a jail term for defrauding Spain of £3.5 million {$4.5m} between 2007 and 2009.They are also facing millions of euros in fines for using tax havens in Belize and Uruguay to conceal earnings from image rights.However,neither of them is expected to serve time in jail.Under the Spanish system,prison terms of under two years can be served under probation.The footballer and his father were found guilty of three counts of tax  fraud in wednesday's ruling by the court in Barcelona.As well as the jail terms,Messi was fined about £2m and his father £1.5m.They made a voluntary £5m ''corrective payment'',equal to the alleged unpaid tax plus interest,in August 2013.The sentence can be be appealed against via the Spanish Supreme court.More photos below.                                                              

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