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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COURT SENTENCES FIVE PERSONS TO JAIL FOR OIL THEFT IN BENIN CITY.{PHOTOS}.

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     Justice P I Ajoku of the Federal High Court sitting in Benin City on Tuesday September 25, 2018 convicted and sentenced five persons to one year imprisonment each on a two count charge bordering on oil theft. The convicts are Ernest Seimodei, Fred Kemezide, Friday Ojugbeli, Lucky Okpowo and Samuel Chidi Akomas. The court also convicted their company, De-Ernesto oil and Gas Nigeria Limited.
The Convicts who were arraigned by the Benin Zonal Office of the Economic and Financial Crimes, EFCC, on a two count charge pleaded guilty to charge when it was read to them.
Based on their plea, the prosecution counsel, Larry Aso Peters prayed the court to convict and sentence the defendants accordingly.
"My Lord, in view of the plea of the defendants, we pray your lordship to convict all the defendants in count 1 and 2 as charged. We will like to mention that this charge is brought pursuant to Section 270 of the ACJA under a plea bargain arrangement".
The defence counsel, P. E. Ejiga prayed the court to temper justice with mercies as the defendants were first time offenders. Justice Ajoku consequently sentenced the five defendants to one year imprisonment on each of the two counts. The sentences are to run concurrently.
Count one of the charge reads; "That you Ernest Seimodei, Fred Kemezide, Friday Ojugbeli, Lucky Okpowo, Samuel Chidi Akomas, De-Ernesto Oil and Gas Nigeria Limited and Amtari Ekenekeme (now at large) on or about the 28th February 2018 in Facados Delta State within the jurisdiction of this honourable court did conspire with yourselves to commit an offence to wit: fraudulently take 392,103 litres of crude oil from SPDC Oil Well Custer 51 at Estuary, Forcasdos and thereby committed an offence punishable under Section 516 of the Criminal Code Act CAP C38 Laws of the Federation of Nigeria 2004.More photos below.
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