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

3 DIED IN A MYSTERIOUS WELL/BOREHOLE IN ONITSHA,RESCUER RECEIVES STRANGE SLAP FROM A GHOST.{PHOTO}.

                     Residents of Hanik Street,Federal Housing Estate 3-3 Onitsha,Anambra State were in mournful mood,yesterday,following the death of three men in a borehole.Eyewitnesses said the locally dug borehole developed fault and a young lady,who lived in the building,invited a man to recover the sumo for repairs..Unfortunately,the man got trapped inside the hole while every effort to rescue him failed.''They called for help and a fellow Calabar man went inside to help bring out his kinsman but got trapped as well.Some minutes later,an Hausa man living around the area also volunteered to enter the well to rescue the trapped men,although at the cost of N100,000 which the residents agreed to pay but the man never came out.It would have been four dead bodies because a fourth person entered but he was lucky to come out alive though he complained of receiving a strange slap from the spirits inside the hole.He came out with swollen face and is in a critical condition,presently.,'' source stated.It was gathered that the owner of the building is a pastor and had travelled outside the country and left control of the house in the hands of young lady whose name could not be ascertained at the time of writing this report.After several efforts to rescue the trapped men,some residents resorted to prayers while others began incantations and offered sacrifice of goats and fowls to appease the gods so that the victim would be brought out alive but all were in vain.Residents said there was something mysterious about the borehole and that the entire scenario is yet to be unravelled.Confirming the incident,Police Area Commander,Onitsha,Yahaya Abubakar,an Assistant Commissioner of Police told pressmen that through the combined efforts of security agents and other volunteers,the three dead bodies were recovered from the well and have been deposited in a nearby mortuary while investigation into the incident continues.

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