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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INTERNET FRAUDSTER KIDNAPPED HIS MENTOR FOR HOLDING BACK HIS 40% SHARE FROM A LOOT.{PHOTO}

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      A boy identified as Eze Douglas Uchenna , has been arrested for kidnapping his boss, Alvin Onuoha, for sidelining him on a $30,000 deal.
Eze, a native of Imo State, was paraded yesterday alongside his alleged accomplice, Vincent Uchenna by the Lagos State Police Commissioner Imohimi Edgal.
Edgal said the suspects and four others at large, committed the offence around 5:20pm, on April 6, at Ajah. He said the suspects bundled Onuoha into a Toyota Camry saloon car, while he was about entering their compound.
Edgal said: “Two of the suspects were arrested when they went to collect the N200,000 ransom they demanded for the victim’s release.”
However, Eze said they only wanted to get his money from his boss, who was in the habit of denying him his share of their loots from swindling.He said: “We were into internet fraud and he said whenever we made money, it would be shared on 60/40%. I agreed and brought businesses to him but each time money came out, he would deny me my 40%. The first one we did together, we made $4,300. Instead of giving me my share, he gave me N300, 000. I still stayed with him and kept bringing my jobs to him. I finished another work and handed over the details to him so he can follow up with payment.
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