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

OAU SEX FOR MARKS LECTURER REMANDED IN PRISON YESTERDAY.[PHOTO}.

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     A Federal High Court in Osun has remanded an Obafemi Awolowo University (OAU) Lecturer, Prof. Richard Akindele, in Ilesa prison custody,for allegedly demanding sex for mark from his student.
Justice Maureen Onyetenu ordered the remand on Monday pending the filing of his formal bail application.
Mr Kehinde Adedoye, the Independent Corrupt Practise and Other Related Offences Commission (ICPC) Prosecutor, had told the court that the defendant had on Sept. 16, 2017 unlawfully demanded sexual benefits for  marks from Monica Osagie.
According to the prosecutor, the defendant is facing a four-count charge.
“The defendant corruptly asked for sexual benefits from Ms Monica Osagie on account of favour to be afterwards shown to her in the discharge of his official duties as a lecturer, to wit: altering her academic grades from fail to pass in the course, MBA 632 – Research Method,” he said.
The offences, he said, contravened Sections 8 (1) (A) (2) and 18 (d) of the corrupt practices and other related offenses Act 2000 and punishable under same sections.
The defendant, however, pleaded not guilty to the charges preferred against him.
The Defense Counsel, Mr Fola Omotoso, thereafter, prayed the court to grant his client bail in the most liberal terms.
The ICPC counsel, however, opposed the bail application, noting that the defendant had refused to appear before the commission since he was granted administrative bail.
Onyetenu, therefore, ordered the defense counsel to file a formal bail application before the next date of adjournment.
The trial judge adjourned the matter till Nov. 27 for definite hearing and ordered the remand of the defendant.The defendant is a lecturer in the Department of Management and Accounting of the university.
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