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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EFCC TO ARRAIGN A FAKE SOOTHSAYERS FOR N70 MILLION FRAUD.{PHOTO}.

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Image may contain: 1 person                                                      The Economic and Financial Crimes Commission,EFCC,may soon arraign one Ogunrinde Olushola Kayode and his co-travellers before a court of competent jurisdiction for allegedly defrauding one Ikechukwu Onita of over N70 million naira.The suspect and his co-travellers allegedly approached Onita under the guise of being men of God,soothsayers and narrated to him his life challenges and predicaments which coincidentally corresponds to the situation and circumstances of his life at that time.Worried about the revelations about him,the suspects convinced Onita that he could help him find solution to his problem.This led to the Onita travelling with them to Agbowa village in Ogun State where he was introduced to one Baba who further made startling revelations about him.Onits was allegedly hypnotised by the suspect which led to him paying money into the bank accounts of Ogunrinde Olushola Kayode and one Ojo Dada Lawrence at different occasion amounting to N70 million.The suspects will be arraigned in court as soon as investigation is completed.
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