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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APPEAL COURT CONFIRMS EX-GOVS. NYAME,DARIYE'S JAIL TERMS+NYAME TO PAY N495MILLION TO GOVT.{PHOTOS}.

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     The Court of Appeal, Abuja, has confirmed the conviction of Ex-governors ñReverend Jolly Nyame and Senator Joshua Dariye who were former governors of Taraba and Plateau States respectively.
Nyame, in addition to his conviction, is to pay back to government, the sum of N495 million as fine.While upholding the decision of the lower court, the Appellate Court however reduced Nyame's 14 year sentence to 12 while Dariye is also to serve 10 years as against the 14 years handed to him.One more photo below.
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