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 DID NOT FREEZE THE ADELEKE'S ACCOUNT.#PRESS RELEASE.

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     The Economic and Finanes Commission, EFCC has been drawn to media publications alleging that it had frozen the account of Senator Ademola Adeleke, candidate of the opposition People's Democratic Party, PDP, in the September 22, 2018 Osun State governorship election and those of his family members, including the musician, David Adeleke.
The Commission calls on members the public to disregard the report, which is patently false and contrived to dress the agency with a partisan garb in the unfolding political contest in Osun State.
For the avoidance of doubt, at no time did the EFCC place a freeze order on any account belonging to members of the Adeleke family.
The purported freeze order which has unfortunately been amplified by pliable sections of the media without any attempt at confirmation, is alien to the Commission and another example of fake news.The EFCC frowns at the seeming attempts by faceless forces to drag it into the political fray and, for the umpteenth time, restates its neutrality as a law enforcement organization that is sworn to uphold the law at all times, irrespective whose interest is at stake.
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