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
What could have breached the palpable peace in Ukpor town,Nnewi South LGA,Anambra state was averted on sunday,June 18 when a 'whistleblower' revealed to a particular family who owns a farmland at Umudim village,beside Gate of heaven mortuary,along Onuselogu road that he saw a man {name withheld} burying what looked like dangerous charms in their farm when he decided to answer the call of nature in the bush.The owner of the farm immediately alerted his son who resides in Onitsha of the development.According to sources,before 7am on sunday,his son arrived Ukpor in anger and vowed to deal with whoever carried out the act.The whistleblower was called upon and reminded about the consequences of false information but he swore with their village deity that he saw the man burying the charm.Just like a scene from a Nollywood movie,the owner of the farm with his son accompanied by few other people immediately proceeded to the house of the man who was accused of burying the charms.On getting there,the man denied the allegation but claimed that one of his friends from Nnewi convinced him to use the place for something he wasn't aware of the orevious day.A delegation was sentt to Nnewi to get the man but he was said to have absconded when he saw a mob approaching his house menacingly.The accused was queried on why he allowed someone to make use a land that doesn't belong to him but he claimed the man said he saw something interesting in the land and that's probably why he decided to use it.In a twinkle of an eye,the whole of Ukpor gathered in Umudim waiting for the drama to unfold.The youths equally gathered in their numbers and threatened to beat him up if he didn't want to say the truth.Sources further said that the man later confessed that he actually buried the charms there with the help of other 3 native dictors which was eventually exhumed.
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