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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THE ARMY IS CONCERNED ABOUT THE IMPRESSIONS & INSINUATIONS ON THE LIBEL CASE AGAINST THE PREMUIM TIMES.{READ}.

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No automatic alt text available.                  The attention of the Nigerian Army has been drawn to erroneous impressions and insinuations on aa libel case against the Premium Times to whip up sentiments.Therefore,we wish to clarify that the issue at hand is purely allegation of libel in which Premium Times falsely and unjustiably accused the Chief off Army Staff,Lieutenant General Tukur Yusufu Buratai,of false declaration of assets,owning mansions and estates in Dubai and further stated that he was being investigated by Code of Conduct Bureau for false declaration of assets in their publication of 12th December 2015.Consequently,concerted efforts were made to make Premium Times retract the story and apologize,to no avail.As a law-abiding citizen,he took appropriate legal steps of seeking redress through the courts.Therefore,this case is between the person of Lieutenant General TY Buratai and the Premium Times and not the Nigerian Army; the issue at hand is libel and not about disclosure of military information by the medium.The case between the Nigerian Army and the Premium Times of jeopardizing military operations,fraudulent obtaining and disclosure of military information that led to deaths and loss of equipment,is still in the offing.
Brigadier General Sani Kukasheka Usman,
Director Army Public Relations.
No automatic alt text available.

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