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 ENCOURAGES NIGERIAN YOUTHS TO BE GOOD AGENTS OF CHANGE AS NYSC IN EKITI PAID A COURTESY VISIT TO THE COMMISSION TODAY.{PHOTOS}

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     The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has urged the Nigerian Youths to be good ambassadors and agents of Change.
Magu who spoke through the Zonal Head, Ibadan Office of the Commission, Mohammed Isa Rabo, made the statement today, 13th March , 2018 while receiving some members of the EFCC/NYSC CDS, Ido-Osi Local Government Area of Ekiti State who paid a courtesy visit to the Commission.
“The underlying assumption is that the youth hold the key to the fight against corruption and the destines of generations unborn. There is no shortcut to wealth and fame and therefore you should embrace hard work and stay away from crimes.
"It is gratifying that you believe in what we are doing to salvage the country from corruption. Be change agents across all ages and vocations and foster public support for the fight against economic and financial crimes everywhere you go”, Rabo said
While welcoming the Corp members, he appreciated their selfless service and commitment to the fight against Corruption. “I want to thank you all for finding time to visit the Commission and for seeing our cause worthy to associate with”.
The Zonal Head reemphasized that success in the fight against economic crimes, including corruption can only be achieved when all stakeholders, particularly the youths, embrace the fight.
He said “we will continue to encourage youths like you to serve as role models and good ambassadors by shunning all acts of corruption, economic and financial crimes. Always strive to keep the flag flying even well after you have finished your national service”.
Responding to the Chairman’s remarks, Ubi, Loveson Patrick, President of the group commended the Commission’s efforts in the fight against corruption. He thereafter pledged on behalf of the group their continual support to the mission of the EFCC.“Our support will not only end for us as Corps Members but will continue till our dying days’. It is a commitment we have made to contribute to the efforts of the government in her quest to rid the country of all shades and forms of corruption", he said.One more photo below.

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