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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ICPC SEIZED 62 HOUSES FROM A FEMALE CIVIL SERVANT.#NAWAHOOO.

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Image may contain: 1 person               According to some pressmen,the Chairman Independent Corrupt Practices and other Related Offenses Commission {ICPC},Mr Ekpo Nta,has disclosed that the commission in course of their operations has seized 62 houses from one female public officer.Nta said this while answering question during interaction at the Akwa Ibom Anti-Corruption Summit in Uyo today Tuesday.He said the commission had interim power to seize property of any public officerwhose property was above the accruable income and could not be explained.According to him,the property will be forfeited to the Federal Government after all litigations have been concluded.The ICPC boss warned public office holders not to live above their income s the commission had the mandate of interim seizyre of any public officer property that live above his or her income.''There are many facets of corruption in Nigeria the commission will stop at nothing to bring anyone found to have contravened the anti-corruption crusade to book'', Nta said.
He added that the commission had successfully retrieved 40 vehicles that were stolen by retired directors of the Federal Ministry of Water Resources and warned against trivialising the anti-graft war of the current administration.
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