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

COURT CONVICTS MAN TODAY FOR $7,016.00 INTERNET FRAUD.{PHOTOS}.

Image may contain: 2 people, people standing and beard                  Justice A.M. Nicol-clay of the Lagos State High Court sitting in Igbosere,today wednesday,May 31,2017,convicted an Internet fraudster,Moka Chukwuemeka Pascal,for $7,o16 fraud.The accused was arraigned on an amended one-count charge bordering on obtaining money under false pretense to the tune of $7,016.00.Pascal had approached an Australian national,Russel Stanley Loach,demanding the sum of $7,016.00 to enable him secure the release of his {loach} girlfriend from some kidnappers captivity.The victim allegedly paid the money into the account of the suspect's accomplice,who is now at large.The accused pleaded guilty to the charge when it was read to him.In view of his plea,the prosecution counsel,M.S. Usman,told the court that the accused had entered a plea bargain agreement with the Commission.The prosecution counsel also urged the court to adopt as its judgment the terms of the plea bargain agreement with the accused.The prosecution counsel tendered some documents,including the petition,statement of defendant,EFCC's letter to Access Bank Plc as well as the response from the bank,which were all admitted as exhibits by the court.The prosecution counsel further told the court that the accused had paid the sum of $7,016.00 in resstitution to the victim.In response,counsel to the accused,Olaide Adedapo,urged the court to temper justice with mercy.Consequently,Justice Nicol-clay convicted the accused of the charge.Justice Nicol-clay adjourned the case till June 6,2017 for sentencing and ordered the accused to be remanded in the EFCC custody.One more photo below.
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