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
Acting President gives an overall view,so far,of his ongoing consultations over ethnic agitations and exchanges between groups in the North and South-East at Iftar dinner he hosted earlier tonight at the Presidential Villa with Northern Traditional Rulers.The way that we see things developing around our nation today {obviously as you said,even within families,you have disputes,you have controversies} is worrisome.All of us have however agreed that our nation must remain one.When we spoke yesterday with traditional rulers from the South-East; despite the issues that were raised here and there.I think that there is clarity as to that one thing,that our country ought to remain,must remain a united country.In his remarks yesterday he said in a paragraph that ''''All of us have however agreed that our nation must remain one.When we spoke yesterday with traditional rulers from the South-East; despite the issues that were raised here and there.I think that there is clarity as to that one thing,that our country ought to remain,must remain a united country.Just as I said to them yesterday,a lot of blood has been shed on account of the unity of our country and our faithfulness even to the lives of those who have made the supreme sacrifice to this country,demands that we do everything on our part to keep this country together.And in any event,the greatest nations in the world are those nations who have the size as well as the human resources in particular to make the best of that size,and I think our nation has that and the mere fact that we have such a large nation and so well-endowed,in terms of human resources.I think that we are in the best position not only to be truly great but to ensure that all of our people benefit from the greatness of our country.So,I want to thank you again for your kindness and for doing us this honour of attending this Iftar and for sharing the love of the season.I pray that the almighty God will bless you and keep your kingdoms safe and also extend your own lives so that you will rule your kingdoms for long and you will rule your kingdoms for long and you will rule your kingdoms in good health''.
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