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 SECURES CONVICTION OF TWO INTERNET FRAUDSTERS TODAY IN JABI.[PHOTOS].#PRESS RELEASE.

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     The Economic and Financial Crimes Commission EFCC, has secured the convictions of one Fabulous Peter and Osahun O. Aiseosa (a.k.a) Wesley Jackson before Justice D.Z Sanchi of the FCT High Court sitting in Jabi.
They were arrested upon an intelligence report about their suspicious movements and ostensible lifestyles.
They were allegedly housed by one Aleri E.B Sajo, at Cluster 4, River Park Estate, Airport Road Abuja.
The convicts were said to have converted the named address to their hideout and office, using laptops, phones, browsers and other devices, to send emails to scam foreigners and unsuspecting citizens.
Aiseosa, (a.k.a) Wesley Jackson was alleged to have sometimes in June, 2018 at Abuja, fraudulently induced an American, Dian Mary, and defrauded her to the tune of $15,000, equivalent of N5, 400, 000 (Five Million Four Hundred Thousand Naira) via Guarantee Trust Bank Plc Account No 0167955239.
The convict posed as a Malaysian Company Director with a Malaysian Company, Oil Rig Contractors and professed love to Mary, using email address: wesletjack@yahoo.com. The offence is contrary to section 320(a) of the penal code, Laws of the federation of Nigeria (Abuja) 1990 and punishable under Section 322 of the same law.
Peter and Aiseosa were arraigned separately, thereafter pleaded "guilty" to their charges when it was read to them.
Prosecution counsel, Maryam Aminu Mohammed, thereafter urged the court to convict them in view of their pleas.
Justice Senchi convicted them and sentenced them to 12 months imprisonment with an option of N1, 000, 000 (One Million Naira) fine each.The Judge also ordered that properties recovered from them be forfeited to the Federal Government.More photos below.
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