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
Garba Shehu,the Senior Special Assistant to the President on Media and Publicity,stated this in Abuja yesterday sunday night,in reaction to social media reports on the purported resignation of Kyari and Daura.Shehu,who frowned at the report,said the Chief of Staff left Abuja on saturday for China on a presidential assignment and would be back by the middle of the week.He said ''The report is pure mischief.What I can tell you is that the President sent the Chief of Staff Malam Abba Kyari to China on an assignment.He left on Saturday and we are expecting him by the middle of the week.The DG DSS,who spoke with me a few hours ago,is busy on his job.Nothing to indicate resignation.I think these are mere distraction''.
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