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 GOMBE RECOVERED N110,820,O23.53 FOR THE PAST 7 MONTHS.{PHOTOS}.

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Image may contain: 1 person, standing and outdoor                           The EFCC, Gombe office has in the last seven months (January -July 2017) recovered the sum of N110, 820, 023. 53. Gombe zonal Head, Aminu Ado Aliyu disclosed this on Tuesday, August 8, 2017 during a press conference in Gombe. According to him, the zone also recorded seven convictions during the period under review. Still under the period, he said while 191 suspects were invited and undergoing investigation, 54 cases have been concluded and the cases at various stages of prosecution in various courts in the zone.More photos below.
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