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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MAGU TASKS NIGERIANS TO ASSIST ANTI-GRAFT AGENCIES WITH INFORMATION.{PHOTOS}.

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       The Acting Chairman of the EFCC, Ibrahim Magu, has urged Nigerians to actively get involved in the fight against corruption by providing information to the anti-corruption agencies.
He made the call on Thursday, October 12, 2017in Abuja during the unveiling of Corruption Anonymous (CORA), a whistle blower support project held at the Yar’ Adua Centre. The launch was organized by Africa Centre for Media and Information Literacy, AFRICMIL, with the active collaboration of relevant stakeholders including EFCC, to give momentum to whistle blowing, which is already yielding positive results as a strategic tool in the efforts to reduce corruption in the country.More photos below.
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