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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SOUTH EAST EFCC SECURES 5 CONVICTIONS,RECOVERS OVER N5.8 MILLION.{PHOTOS}.

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Image may contain: 1 person              The South East Zonal Office of the EFCC Enugu has recovered the sum of Five Hundred and Eighty Eight Million, Eight Hundred Thousand Naira only (N588,800,000) from the 2015 PDP Presidential campaign probe and the Independent National Electoral Commission (INEC) bribery cases respectively being investigated by the Commission accross the south east zone of the country. This was disclosed on Tuesday August 15, 2017 by the Zonal Head of the Commission in the South East, Mr. Johnson Babalola while briefing newsmen on the activities of his office since January 2017 at the Commission’s office in Independence Layout, Enugu.More photos below.
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