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
Senate President Bukola Saraki is speaking up about the customs duty controversy.He wrote on his social media today that ''Today is another great day in the history of our growing democracy,as I present myself before the Senate Committee on Ethics,Privileges and Public Petitions on allegation of non Payment of customs duty on an Official Vehicle by Senate.As the President of the 8th Senate and Senator from Kwara Central,I am proud of the Senate as an institution and its Constitutional role to represent the interests of the Nigerian people.Further,I am proud to honor and respect the Senate Rule Book that guides our conduct and activities,which is why today I am presenting myself before the Nigerian Senate Committee.We must continue to strenghten all our institutions so that they can carry out their mandates.This preferable and beneficial than strengthening individuals.We must find ways to guard the institution and ourselves against those who wish to diminish or rubbish institutional and individual's reputation because of 5 minutes of fame.They try to bring everyone else down while grandstanding.I did not import any vehicle,I did not ask anybody to act on my behalf.The vehicle is not my personal car.We raised the issue on the customs policy based on interest of Nigerians.But those who want to fight the Senate for raising the issue against the retroactive application of the newly introduced policy on duty,chose to fight back using this channel.I urge the ethics committee to protect this institution of the Senate so that it is not ridiculed for political reasons.
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