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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MAN BAGS ONE YEAR IMPRISONMENT OVER LAND SCAM TODAY IN OYO STATE.{PHOTO}.

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       Justice M. L. Owolabi of the Oyo State High Court, sitting in Iyagunku, today, December 7, 2018 convicted and sentenced one Gafar Saka to one year imprisonment for obtaining money under false pretence contrary to Section 419 of the Criminal Code Law, Cap 38, Laws of the Oyo State 2000. The sentence takes effect from the day of his arrest.
Gafar who was re-arraigned today by the Ibadan office of the Economic and Financial Crimes Commission, EFCC, on a one count amended charge bordering on obtaining money under false pretence pleaded guilty and entered into a plea bargain. He was therefore, convicted accordingly. He also refunded the said plots of land to the complainant.
The amended information that earned the convict the jail term reads, “that you Gafar Saka between the 26th of November, and 14th December, 2016 at Ibadan within the jurisdiction of this honourable court, with the intent to defraud, obtained the sum of N4,500,000.00 (Four Million, Five Hundred Thousand Naira) only from one Mr. Bamidele Adebisi and Mrs. Adeola Adebisi through Pastor Olorunfemi Isaac, under the false pretence that the money represented payment for a parcel plot of land at plot 9, Block B, behind African Church Grammar School, Apata Ganga, Ido Local Government Area, Ibadan Oyo State, which pretence you knew to be false, and thereby committed an offence contrary to Section 419 of the Criminal Code Law, Cap 38, Laws of the Oyo State 2000”.
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