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 QUIZZES 13 SUSPECTED OIL THIEVES.{PHOTOS}.

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Image may contain: 13 people, people standing and outdoor                           Thirteen suspected oil thieves are being interrogated in Port Harcourt, Rivers State by operatives of the EFCC in connection with their alleged involvement in illegal oil bunkering. The suspects: Jude Egwu; Ebi Akoto; Philip Orinya; Friday Ikuonu; Chuks Oyibona; Peter Ogunfuyi; Udak Esang; Roman Omiyenye; Augustine Jagun; Mike Obasi; John Camday, Elvis Egbule and Salvation Rowland were handed over to the EFCC, alongside five wooden boats, a vessel: MT PREYE 1, a tugboat: PKII and a barge: NAOMI 0 by the Nigerian Navy Ship (NNS) PATHFINDER in Rumuolumeni, Port Harcourt, for further investigation and prosecution.More photos below.
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