LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
The Lagos State Government today thursday denied the unsubstantiated claims being circulated in some sections of the media and on social media of its involvement in the fire incident that took place in Otodo Gbame Community in Lekki area of the State last wednesday.The State Government specifically puntured media reports suggesting that it authorized the burning down of the community,saying that the allegation was far from the truth.The State's Commissioner for Information and Strategy,Mr Steve Ayorinde,in a statement,said the State Government shared in the painful loss of the residents but explained that from Police reports and evaluation by the government,the waterfront community was razed by the fire incident that happened as a result of the ethic clash that occurred between the Egun and Yoruba residents within the community.Ayorinde said while the Police succeeded in bringing to a halt the deadly clashes which occurred as a result of continued disagreement over tolling and other sundry issues,the large part of the shanties had already been torched and razed down before the combined team of fire brigade and emergency rescue officers got to the scene on the night of Wednesday,November 9th.''It is therefore unfortunate that a few aggrieved persons and fifth columnists will choose to blame the government and law enforcement officers that rose to the occasion in ensuring that the clashes did not degenerate further and more importantly that the arson did not spread into Lekki Phase 1.While we condemn in its entirely every form of crime and jungle justice,it is important to plead caution whenever a human life is involved.So far,there is no indication that the dastardly act being peddled on social media happened anywhere in Lagos State or that it is a recent case.The Police have promised to carry ou further checks and will welcome every useful information,but available information at the moment does not suggest that such killing happened last saturday at either Orile-Iganmu or Badagry.There is no any corpse that fits the description in any area being touted; just as the location of anyone with useful information to corroborate the sad tale being peddled cannot be established'',-Ayorinde.
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