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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I'M STILL IN PDP-IKE EKWEREMADU.{PHOTO}.

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 He wrote on social media few hours ago    ''I am presently out of the country on a prescheduled engagement.
In the past 24 hours, I have been inundated with calls from friends and political associates seeking clarification on the rumours of my departure from the Peoples Democratic Party (PDP), which has dominated the media.
Let it be known that my path in politics is in the hands of the Almighty God, who has indeed been very faithful and gracious to me. I’m very grateful to God for this.
My vision in politics is a system that works for everybody, a social and political environment where everybody, every section, and every tribe not only counts, but is also seen to count. As leaders, we must be mindful of this, for any system built on anything less will not endure.
I am grateful to you - members of my family, my friends, political associates, and admirers across Nigeria and beyond - for your uncommon concern. I am indeed humbled by your kind words of solidarity and support.
Please, rest assured that I am still in the PDP''.
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