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

ALL PENSION MONEY PAID TO SARAKI HAS BEEN RETURNED-KWARA STATE GOVERNMENT..

Image result for kwara state            The attention of Kwara State Government has been drawn to issues surrounding the payment of pensions to former governors of the state, especially the Senate President of the Federal Republic of Nigeria, Dr Abubakar Bukola Saraki, CON. As a result, the State Government wish to make the following clarifications:
1. That Dr Saraki, as a two-term Governor, is entitled to pension as stipulated by the third schedule, Paragraph D (i) of the Governor and Deputy Governor ((payment of pension) Law, No. 12 of 2010 of Kwara State.
2. That the said pension has been duly remitted to his account, like other former Governors', since he left office but when via a letter dated 20th August 2015 addressed to the state government, Dr Saraki requested that the payment of pension to his account be stopped and the amount already credited to the account be refunded to the Government, the State Government promptly complied.
3. That the Government not only stopped the payment of the said pension, the amount already paid into Dr. Saraki's account since he left office was deducted from the money owed to him as well as his other outstanding lawful entitlements.
4. In view of the foregoing, it should be noted that neither the Kwara State Government nor Dr. Bukola Saraki violated the state pension law or any other law for that matter. The State Pension Law empowers the State Government to pay pension to former Governors of the State.
5. That the Kwara State Government will want to reiterate the fact that it was Dr Saraki who on his own volition considered the morality of the situation in which the pension would put him since he is still a serving Senator and chose to abandon his legal rights. We believe he should be commended for decision.
6. That it is the hope of the Kwara State Government that this clarification will end all the controversy about this issue.
Signed
Alhaji Sola Isiaka Gold 
Secretary to the Government of Kwara State
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