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 TWO SUSPECTED OIL THIEVES IN RIVERS STATE YESTERDAY.{PHOTOS}.

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         The Economic and Fincnaicl Crimes Commission, EFCC, has commenced investigations of two suspected oil thieves, alongside a vessel: MT MARINA EXPRESS handed over to it on Thursday, 25 Januray, 2018 by the Nigerian Navy Ship: NNS PATHFINDER's Naval Base, Rumuolumeni, Port Harcourt, Rivers State. 
The suspects: Caleb Oluwaseun and Okuneye Taiwo were arrested by the Nigerian Navy Ship: NNS PATHFINDER's patrol team deployed for anti-crude oil theft and illegal bunkering operations around St Bartholomew River, Port Harcourt, Rivers State. The Vessel they were operating and which has now been confiscated, was a 110m Vessel laden with estimated 1,600 metric tons of products suspected to be stolen crude oil.The NNS Pathfinder’s Commander, Navy Captain Victor Choji, who handed over the suspects to the EFCC, said that they were operating the Oil Vessel without requisite approval by the Naval authority.The suspects would be charged to court soon.More photos below.
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