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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GERMAN ENVOY ASSURES EFCC OF SUPPORT TODAY.{PHOTOS}.

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Image may contain: 3 people, people standing and suit            The Consulate General of the Federal Republic of Germany in Lagos, Mr. Ingo Herbert has assured the Economic and Financial Crimes Commission of long term support in combatting corruption in Nigeria through regular training for its staff and other opportunities relating to combatting economic and financial crimes.
Speaking today, July 18, 2017 at the opening session of a 10 day capacity building program on Corruption Control, facilitated by the German Government through Bundeskriminalamt (BKA), also known as German Federal Criminal Police, Ingo Herbert pledged adequate support for EFCC in tackling corruption and cooperating with the commission in achieving its mandate.

‘’I read newspapers everyday, I see that EFCC has taken up the challenge and so far is doing a great job. The Germany Government is supporting EFCC, through the German Police by contributing experts to share knowledge on how to better the image of Nigeria. One of the major reasons for this interaction, is to bring back German Investments to Nigeria. It is known that many German companies left Nigeria. But presently, under president Buhari’s Administration, which spearheads integrity, German government believes and is aware of the conducive environment where business can thrive and security guaranteed’’. Image may contain: 1 person, smiling, outdoorImage may contain: 2 people, people standing, suit and outdoorImage may contain: 1 person, screen and suitImage may contain: 5 people, people sitting and suitImage may contain: 21 people, people smiling, people standing and suit

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