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

THE EFCC HAS CALLED ON NIGERIAN STUDENTS TODAY,TO BUY INTO THE WAR AGAINST CORRUPTION & FINANCIAL CRIMES IN NIGERIA.{PHOTOS}.

                  The EFCC has called on Nigerian students to buy into the war against corruption,economic and financial crimes in Nigeria.The plea was made today,July 12,2016,when National Association of Management and Business Administration Students,Adamawa State University,Mubi,Adamawa state,paid the Commission a courtesy call at the EFCC Academy,Karu,Abuja.The Commandant of the Academy who was represented by Abiodun Adebanjo,welcomed the students and told them that the Commission has the mandate of Preventing,Investigating and Prosecution of all cases of economic and financial crimes in Nigeria.Head,Enlightenment and Re-orientation Unit,who was represented by Zainab .B. Tifi explained that the unit is responsible for preventive mandate of the Commission and this mandate is carried out by sensitizing the publics on the ills of corruption by enlightenment and re-orientation of the masses through a well designed programmes meant for different categories of people in Nigeria.Francis Micheal who led the students,expressed appreciation to the Commission for giving the students the needed information required to make them better future leaders of this country.

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