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 ARRAIGNED 5 WELDERS FOR N15M FRAUD YESTERDAY AT EDO STATE.{PHOTO}

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      The EFCC, on Monday, October 9, 2017 arraigned the quartet of Isaac Ogundimu, Monday Ewemade, John Odaro, Andrew Egharevba and Omorogbe Jacob before Justice Ohimai Ovbiagele of the Edo State High Court, Benin City on a 15 count charge bordering on stealing, conspiracy and intent to defraud.
The five accused persons were alleged to have, sometime betweenJanuary and December, 2016 conspired amongst themselves and stole the aggregate sum of fifteen million Naira (N15,000,000) being the property of Edo State Welders Association.
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