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

N.84M CHEATING;MAN SENTENCED TO ONE MONTH IMPRISONMENT.{PHOTO}.

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       The Economic and Financial Crimes Commission, EFCC, Gombe Zonal office today, March 8, 2018, secured the conviction of one Muhammad Maikudi Yusuf before Justice Abubakar Jauro of the Gombe State High Court on one count charge bordering on cheating contrary to Section 320 of the Penal Code.
Maikudi, a former Amir of the Muslim Students Society of Nigeria, FCE, Gombe branch, between 2014 to 2016 as well as former Amir of Gombe Area Unit of the same society was investigated by the EFCC following a petition by one Bilyaminu Abdullahi, Secretary of the society.The petitioner had alleged that sometimes in 2015, the accused collected the sum of N840,000.00 from the society's account through one Muhammed Bello who was then the Treasurer and signed an undertaking to refund the money after some few weeks; but failed after several promises. He was first arraigned on 5th February, 2018 where he pleaded not guilty to the charge read against him. In view of that development, the prosecution counsel, A. M. Labaran applied for a date of trial which was adjourned to today for trial. At resumed hearing today, the prosecution counsel, Zarami Muhammad informed the court that the matter was slated for hearing and his witnesses were in court. But, the defence counsel, Musa Bala told the court that his client will change his plea. The charge was read to him again and he pleaded guilty. Zarami therefore urged the court to convict and sentence the accused summarily relying by the provision of section 187 (1) (2) of criminal procedure code. In his judgement, Justice Jauro found the accused guilty as charged and sentenced him summarily to one month imprisonment in accordance with Section 320 and 322 of the Penal Code Laws. However, considering the plea of his counsel having refounded the proceed of the crime (N840, 000.00) as well as a first time offender and a bread winner of his family, he was given an option of Five Thousand Naira (N5,000).
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