LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
Rescue operations for survivors continue in central Italy after a 6.2 magnitude earthquake left 68 dead and 150 missing,with the number of dead expected to rise according to BBC.Strong earthquakes struck a mountainous stretch of central Italy early today wednesday,setting off tremors that awakened residents in Rome,nearly 100 miles to the southwest according to reports.A village was leveled to the ground and some of the worst damage felt in the town of Amatrice.Amatrice mayor Sergio Pirozzi told pressmen that ''The roads in and out of town are cut off..Half the town is gone.There are people under the rubble.There's been a landslide and a bridge might collapse''.My heart goes out to them all.{Tears}.More photos below.
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