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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EFCC QUIZZES 9 SUSPECTED OIL THIEVES IN RIVERS STATE.{PHOTOS}.

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Image may contain: one or more people and outdoor                    Operatives of the Economic and Financial Crimes Commission,EFCC,have commenced investigation of nine suspected oil thieves,who were arrested by the Nigerian Navy Forward Operating Base Bonny,Rivers State and handed over to the Commission for further investigation and possible prosecution.The suspected illegal oil bunkerers are being quizzed in the Port Harcourt's zonal office of the EFCC.The nine crew members onboard the vessel {MT Lady Swithin} are: Engineer Tony Edumesaro,Olu Gbenga Obebe,Lucky Oshogbon,Erete Moses,Steph Olu Peters,Raphael Olu Peters,Gillis Ibinabo,Ikechi Nwanyanwu and Ernest Iyalla.They were handed over to the EFCC by the Commanding Officer,FOB Bonny,Captain S.W. Olorundare.While handing over the suspects and the vessel to the EFCC,Olorundare said that the Nigerian Navy Ship OLOGBO,while on patrol on January 13,2017,arrested MT LADY SWITHIN along Calabar offshore,conveying about 300,000 litres of products,suspected to be Automotive Gas Oil {AGO}.The suspects were also held on suspicion of illegal bunkering of petroleum product without license.More photos below.
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