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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AN ALGERIAN BUSINESSMAN,HAS PLEDGED TO PAY FINES IMPOSED ON MUSLIM WOMEN CAUGHT WEARING BURKINIS IN FRANCE BEACHES.{PHOTO}.

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                                The wealthy businessman identified as Rachid Nekkaz has already paid out three fines of £33 each after the plush Riviera resort of Cannes said it would fine any woman who turned up on its beaches wearing the full-body swimwear,according to the Telegraph.The mayor of Cannes established a ban on swimming at the city's beaches in burkini.The town of Cannes ban was confirmed by the courts on 13 August.The towns of Villeneuve-Loubet,near Nice,and Sisco in Corsica also followed suit according to BBC.The real estate entrepreneur says that he personally opposed the burkini and niqab but believes that nobody should prevent another from wearing their clothing of choice in a democracy,'provided that this clothing is not threat to freedom of others or the security of the territory''.He said to Telegraph that that ''As soon as I see that France is not respecting fundamental liberties,I always get my cheque book out''.The 44 year old businessman set up a fund in 2010 when France and other European countries introduced bans on burqa.He has since paid out 245,000 Euros in fines and associated legal fees,and has picked up the tab for 1,165 women in France,268 in Belgium,two in the Netherlands,and one in Switzerland according to the Telegraph.

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