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

FOR US, FIGHTING CORRUPTION IS A MUST, PRESIDENT BUHARI TELLS MBEKI, EX-SOUTH AFRICAN PRESIDENT.{PHOTOS}.#PRESS RELEASE.


     "For this administration, fighting corruption is non-negotiable. It is a MUST," President Muhammadu Buhari told former South African President, Thabo Mbeki, at State House, Abuja, Thursday.
Mbeki heads the African Union High Level Panel on Illicit Flows from Africa, and he was around to give the President, who is the current Champion of AU Anti-Corruption Campaign, critical updates.
"We must fight corruption frontally, because it's one of the reasons we got elected," President Buhari told his guest, adding: "We campaigned on three fundamental issues; security, reviving the economy, and fight against corruption. It's the reason we got elected, and we can't afford to let our people down."
Noting that the government was making progress on the anti-corruption war, "and not just talking," the President said he was very pleased with the assignment the former South African President was carrying out for the African continent.
He submitted that when Africa is vigorous with the war against corruption, "we will eventually appeal to the conscience of the rest of the world."
In his remarks, former President Mbeki said corruption was an African challenge that must be responded to, "as development challenges can only be met through the check of illicit financial flows."
He said he was delighted that President Buhari touches on the issue in most of his speeches, with the most recent being at the United Nations General Assembly last week.
"We are pleased with the way you take up the matter. Countries need political will to stop the illicit flow. Nigeria has shown good example. The more we are showing that we are acting as Africans, the easier to get the rest of the world to cooperate," Mbeki said.
FEMI ADESINA
Special Adviser to the President
(Media and Publicity)
 
YESTERDAY
President Buhari receives in Courtesy visit H.E. Thabo Mbeki Chairperson AU High Level Panel on Illicit Financial Flows from Africa in State House on 4th Oct 2018
Mbeki calls: President Buhari with L-R: Adv. Mojanku Gumbl, H.E. Thabo Mbeki and Minister of Justice Abubakar Malami as he receives in Courtesy visit H.E. Thabo Mbeki Chairperson AU High Level Panel on Illicit Financial Flows from Africa in State House on 4th Oct 2018.More photos below.
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