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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COURT ADJOURNS BADEH'S N3.97BN FRAUD TRIAL TO OCTOBER 23 TODAY.{PHOTO}.

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         Justice Okon Abang of the Federal High Court, Maitama, Abuja has adjourned to October 23, 2017 for continuation of trial of a case involving a former Chief of Air Staff, Air Chief Alex S. Badeh. He is standing trial along with Iyalikam Nigeria Limited on a 10-count charge bordering on abuse of office, criminal breach of trust and money laundering to the tune of N3.97billion brought against him by the EFCC. The court had on the last sitting, July 4, 2017 fixed today for arguments for and against the admissibility of documents that the nineteenth prosecution witness, Abubakar Madaki, made reference to in the course of his testimony, but was objected to by the defence. 

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