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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DASUKIGATE:JONATHAN'S COUSIN,AZIBAOLA'S TRIAL ADJOURNED TO NOVEMBER 14.{PHOTOS}.

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                       The trial of Azibaola Robert,a cousin to former President Goodluck Jonathan,was stalled today thursday,October 6,2016 as the PW2,Olabode Farinuola was unavoidably absent in court to continue his testimony.Azibaola,his wife,Stella and their company,One Plus Holdings,are standing trial on a 7-count charge of money laundering,criminal breach of trust and corruption brought againt them by the EFCC,before Justice Nnamdi O Dimgba of the Federal High Cort sitting in Maitama,Abuja.The defendants were alleged to have diverted $40million {forty million US dollars} purportedly meant for the supply of Tactical Communication Kits for Special Forces which was transferred from the Account of the Office of the National Security Adviser,ONSA,with the Central Bank of Nigeria to the domiciliary account of their company,On Plus Holdings.One more photo below.

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