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 RECEIVE N10 MILLION DONATION FROM KANO GOVT.#PRESS RELEASE.

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      The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a trending story in the social media concerning a purported statement credited to the media aide of the Kano State governor to the effect that the Commission got a N10 Million donation from the state government.
The story is not falsehood, but a deliberate attempt to malign the efforts of the Commission in the fight against corruption.
For the records, it is a tradition that the EFCC does not receive donations from state governors/government or any individual at that.
The EFCC, as a reputable anti-graft agency is sponsored by federal government through budgetary allocation and in some cases, foreign organisations in terms of capacity building.
It is true that the Commission, in collaboration with the Independent Corrupt Practices and other Related Crimes, ICPC and the Athletic Federation of Nigeria, AFN and other stakeholders is organizing the first National Anti-Corruption Marathon.
Mr. Jacob Onu, the leader of the National Anti-Corruption Marathon had in the course of his visit to the Commission a fortnight ago told the Acting Chairman and his management about the marathon which he said is being planned in tandem with the International Anti-Corruption Day which usually comes up on December 9 every year.
He said it was aimed at raising national consciousness on the scourge and danger of corruption to the country and the need for all and sundry to join hands to eradicate it.
It is therefore very shocking to read of a purported donation of N10 million to the Commission.The story is not only unfounded but very mischievous.
For the avoidance of doubt, no State governor or some other individual or group has donated any amount of money to the EFCC to carry out the Anti-corruption Marathon project or any other project for that matter.
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