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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ALLEGED N1.35BN MONEY LAUNDERING: EX-JIGAWA GOV.,LAMIDO'S TRIAL ADJOURNED TO NOV. 15 AT AGABI'S INSTANCE.

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Related image       Justice Babatunde Quadri of the Federal High Court sitting in Maitama, Abuja has adjourned to November 15 and 16, 2017 the N1.35billion fraud trial of erstwhile governor of Jigawa State, Sule Lamido. This adjournment was at the instance of Lamido’s new counsel, Kanu Agabi, SAN.
“My Lord, I wish to appeal for an adjournment to familiarize myself with the facts of this case. This is my first time of appearing before this honourable court in this matter”, Agabi pleaded.
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