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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EX-EBONYI COMMISSIONER,ARRESTED YESTERDAY OVER N83M BRIBERY ALLEGATION.{READ}.

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                                The EFCC on monday August 15,2016,arrested a former Commissioner for Public Utilities in Ebonyi State,Engineer Benjamin Ogbonnaya Okah,for alleged abuse of office and collecting gratificaation to the tune of N83 million.The arrest was sequel to a petition by the Ebonyi State government over the $12 million contract to a US based company Califco Group that had been abandoned since 2012,despite a mobilization of $10.8 million already paid by Ebonyi State Government into the accounts of the said company.Investigation has revealed that both the Abuja and Ebonyi state addresses of the said company are fictitous.In the course of investigation,it was discovered that the former Commissioner allegedly collected gratification from the company in the sum of N83 million between July 30,2012 and December 30,2014,through his companies:.Global Victory Allied Company and Mahco Mega Nigeria Limited.Investigation in this matter continues.

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