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 ARRESTS PORT HARCOURT TRADER FOR N10MILLION AGRIC LOAN SCAM. {PHOTO}.

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       Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a Port Harcourt's foodstuff seller for defrauding a victim the sum of N10, 070,000( Ten Million, Seventy Thousand Naira only). 
The suspect, Mrs Faith Dickson, was alleged to have scammed Mr. Ossai Napoleon the sum of N10, 070,000 by introducing him to a non- existing Agricultural Loan Scheme meant to support him finance some preferred agricultural practices. Napoleon claimed that he paid the money in nine different installments into the bank accounts of the suspects and two of her allies: Obile Godstime and Fidelis Ejeagwu. According to him, the payments were made between 2014 and 2017 and nothing had accrued to him through the phony Scheme till date. Dickson, a foodstuff seller at Shell pipeline, Rukpokwu, Port Harcourt, Rivers State, is undergoing interrogation and would be charged to court soon.
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