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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CUSTOMS IS GIVING UPDATES ON THEIR RECENT SEIZURES.{PHOTOS}.

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       The Nigeria Customs Service have continue to clampdown on unrepentant smugglers, as Operatives of the Federal Operations Unit gave a score card of its activities from 29th of August - 3rd of October 2017.The seized items include: 11 used vehicles, 4,227 bags of foreign parboiled rice, frozen poultry products, vegetable oil, Indian Hemp, medicaments, used tyres, scrap metals, wet blue, electric cables, unprocessed wood, bales of used clothing and shoes respectively with a duty paid value (DPV) of Three Hundred and Fifty Six Million, Two Hundred and Five Thousand, Fifty Naira, Seventy Eight kobo (N 356,205,050.78) only.More photos below.
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