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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FRED AJUDUA TO BE RE-ARRAIGNED 12TH OF JANUARY 2017.{PHOTO}.

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Image result for fred ajudua                           At the resumed hearing today,14th November,2016 at the Lagos High Court Ikeja,counsel to Ajudua,Alex Agbaka announced his appearance for the defendant.He informed the court that he only stumble on the matter today.''My Lord,I try o contact the defendant sister 'Gina Osuala' and the news got to me that the defendant was hospitalized at the National Hospital Abuja''.He urged the court to adjourn the case to enable him study the file and also promised to produce the defendant at the next sitting.'' will enter a personal undertaking that at the next date,I will produce the defendant'' he said.Ajudua was re-arraigned on 25th May,2016 for an alleged fraud of $8.4m.This followed the transfer of his case from Justice Oluwatoyin Ipaye to Justice Kudirat Jose of the Lagos State High Court in Ikeja.He was accused of duping the complainant ,a former Chief of Army Staff,Lt Col.Ishaya Bamaiyi,of the sum  $8.4m sometime in 2004 at Kirikiri Prisons in Lagos.Justice Lateef Lawal-Akapo of the same court has last year convicted a court registrar.Mrs Oluonke Rosulu,who was accused of helping Ajudua in perpetrating the fraud and sentenced her to 10 years imprisonment.
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