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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MAGU OPENLY ADDRESSED THE STAFF OF EFCC TODAY AS THEY CELEBRATE 14 YEARS OF EXISTENCE.{PHOTOS}.

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   Image may contain: 6 people, people standing, crowd and outdoor               Acting Chairman of the Economic and Financial Crimes Commission {EFCC},Ibrahim Magu addressed Officers and Men of the Commission this morning as they celebrate 14 years of existence.While admonishing staff not to relent in the fight against economic and financial crimes,the Chairman said ''We are not going to disappoint Nigerians and the International Communities.We cannot afford to dash the trust Nigerians reposed in us''.More photos below.
Image may contain: 7 people, people standingImage may contain: 8 people, people standing, crowd and outdoorImage may contain: 17 people, people standingImage may contain: 4 people, people sitting and beard

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