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
Justice Abdulaziz Anka of the Federal High Court sitting in Ikoyi,Lagos on Monday,April 24,2017,struck out out a N100m fundamental rights enforcement suit filed by a former Minister of State for Defence,Musiliu Obanikoro,against the Economic and Financial Crimes Commission,EFCC,on the grounds of incompetence.The former minister; his wives,Fati and Moroophat,and sons,Gbolahan and Babajide,had through their counsel,Lawal Pedro,SAN,in the suit,sued the Commission for ''unlawful invasion of their houses and seizure of some of their properties''.They had urged the court to declare the seizure of items from their houses on June 14,2016 by the Commission as null and void.However,in his ruling today,Justice Anka upheld the preliminary objection by E.E Iheanacho,counsel to the EFCC,who said: ''Since the main claim of the applicants was founded on tort,their principal reliefs are not maintainable under the Fundamental Rights {Enforcement Procedure} Rules,2009''.The judge ruled that the Commission had secured search warrants from the Lagos State Magistrate Court to carry out the search on the applicant's houses.Justice Anka also refused to declare the recovered items as null and void,so as not to prevent the Commission from tendering them as exhibits in the pending criminal case against the applicants.
Comments
Post a Comment