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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IFEANYI UBAH DONATES 3 MILLION NAIRA TO AILING NOLLYWOOD VETERAN ACTOR OBI MADUBOGWU.{PHOTOS}.

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Image may contain: 1 person, smiling                Oil magnate and business mogul,Dr Ifeanyi Ubah has again exhibited his high sense of love and affection to humanity as he recently provided succour to one of Nollywood's veteran actors,Obi Madubogwu who has been bedridden for a while.The actor who has been battling with Diabetes,recently made a public outcry over his falling state of health,calling on well meaning Nigerians to assist.Ubah in his magnanimity,heeded to the actor's cry as he donated the sum of three million naira to assist the actor who has contributed immensely in the Nigeria's entertainment sector.That is kind of Ifeanyi Ubah,may God bless him,Amen.More photos below.
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