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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A FORMER CHAIRMAN OF {PICCOMS} & OTHERS ARE BEING PROSECUTED AT THE FCT HIGH COURT FOR MISAPPROPRIATION OF PUBLIC FUNDS ETC.{PHOTOS}.

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Image may contain: 1 person, standing                                                      A former Chairman,Presidential Implementation on Maritime Safety {PICCOMS}, Air Vice Marshal Saliu Atawodi {rtd} and two others who are being prosecuted by the EFCC before Justice U.P Kekemeke of the FCT High Court sitting in Apo,Abuja for conspiracy,abuse of office and misappropriation of public funds.More photos below.
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