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 NABS PASTOR FOR N27.9M FRAUD.{PHOTO}.

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     The Economic and Financial Crimes Commission, EFCC, on Wednesday, January 16, 2019, arrested Anu Ojo Olakonori, a self-acclaimed Pastor and founder of Angel on Guard Ministries for a N27.9 million fraud.
Olakonori was arrested following a petition by the victim. The complainant alleged that sometime in 2016, she was introduced to the suspect by a pastor of hers in Bauchi for prayers and cleansing because of the difficulties she was going through at the time. The suspect under this guise started requesting for money from her and she made transfers to him in different tranches amounting to N27, 900,600 (Twenty Seven Million, Nine Hundred Thousand, Six Hundred Naira) only.
Investigation has also revealed that the suspect used the said sum to purchase various properties – house and cars, for himself.
He will be charged to court as soon as investigations are concluded.
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