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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INTERNET FRAUDSTER BAGS TWO YEARS JAIL TERM IN WARRI.{PHOTO}.

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                                                    A Federal High Court sitting in Warri,Delta State has convicted and sentenced to two years imprisonmene one Igofose Oyoma.Ighofose was first arraigned by the EFCC,on 3rd May,2016 on a seven count charge bordering on Conspiracy,Forgery and Obtaining Money by False Pretence to the tune of Nine Thousand Two Hundred United States Dollars {$9,200}.Upon his arraignment,the convict pleaded not guilty to the charge,but later changed his plea to ''guilty''.Justice E.A Obile consequently convicted Ighofose and sentenced him to two years imprisonment with an option of N300,000.00 {three hundred thousand naira} fine to be forfeited to Federal Government.He also ordered that the payment receipt be deposited to the court registry.Ighofose was arrested sometime in May,2015 in Calabar,Cross River State following intelligence report on his involvement in Internet scams.

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