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
Though a lot of countries are frowning to Donald Trump's win but at the end his still the president elect and he was spotted with President Obama today and they talked for 90 minutes in the Oval Office while their wives visited separately.A public display of unity intended to the citizens of the United States to help digest the shocking results of tuesday's presidential election.The President elect Donald Trump called Obama a very good man.He said ''Very good man,I very much look forward to dealing with the president in the future,including counsel.He explained some of the difficulties some of the high flying assets,some of the really great things that have been achieved.The sitting president stressed that his top priority was ensure our president elect is successful.I have been very encouraged by the interest in President-elect Trump to work with my team around many of the issues that this great country faces and I believe that it is important for all regardless of party and regardless of political preferences to now come together,work together to deal with the many challenges we face,' he said.The private drive is inaccessible to media,and reporters were disallowed from covering the historic greeting between the incoming and outgoing first families.More photos below.
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