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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N650M FRAUD: COURT GRANTS EX-MINISTER,AKINJIDE'S APPLICATION TO TRAVEL ABROAD FOR MEDICALS TODAY.{PHOTO}.

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        A vacation judge, Justice Chuka Obiozor, sitting at the Federal High Court in Ikoyi, Lagos, on Wednesday, July 26, 2017, granted an application filed by a former Minister of the Federal Capital Territory, FCT, Olajumoke Akinjide, for the release of her international passport to enable her travel abroad for medical treatment. Akinjide and one Olanrewaju Otiti had been arraigned on June 22, 2017 before Justice J.O. Abdul-Malik of the Federal High Court sitting in Ibadan, Oyo State on an amended 12-count charge bordering on money laundering to the tune of N650million. The accused allegedly conspired to receive the money from a former Minister of Petroleum Resources, Diezani Allison-Madueke in the build-up to the 2015 general election.The case was adjourned to September 12, 2017 for continuation of trial in Ibadan, Oyo State. 
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