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

CHANEL FASHION GURU 'KARL LAGERFELD' DIED TODAY AT THE AGE OF 85 IN PARIS.{PHOTOS}.

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       World-renowned fashion designer Karl Lagerfeld died in Paris on Tuesday morning, according to a statement from his eponymous brand.
"The House of KARL LAGERFELD shares, with deep emotion and sadness, the passing of its creative director, Karl Lagerfeld, on February 19, 2019, in Paris, France," reads the statement, posted on Lagerfeld's official Instagram account. "He was one of the most influential and celebrated designers of the 21st century and an iconic, universal symbol of style. Driven by a phenomenal sense of creativity, Karl was passionate, powerful and intensely curious. He leaves behind an extraordinary legacy as one of the greatest designers of our time, and there are no words to express how much he will be missed."
The German-born, Paris-based couturier was the creative director of French fashion house Chanel from 1983 until his death. He also designed collections for Italian luxury label Fendi as well as his own brand.
Chanel later released a statement confirming Lagerfeld's death and crediting his "prolific creative mind" for reviving "the brand's codes created by Gabrielle Chanel."
"Thanks to his creative genius, generosity and exceptional intuition, Karl Lagerfeld was ahead of his time, which widely contributed to the House of CHANEL’s success throughout the world," Chanel's CEO Alain Wertheimer said a statement Tuesday afternoon. "Today, not only have I lost a friend, but we have all lost an extraordinary creative mind to whom I gave carte blanche in the early 1980s to reinvent the brand."
Lagerfeld was widely recognized for his trademark look of dark suits, high collars, black sunglasses, fingerless gloves and his white hair neatly pulled back into a low ponytail.
He became known for his over-the-top, larger-than-life runway set designs at Chanel shows, including his recreation of a beach with actual waves, a fully-stocked supermarket with Chanel-branded food and the launch of a life-size mock rocket ship.
"Fashion show after fashion show, collection after collection, Karl Lagerfeld left his mark on the legend of Gabrielle Chanel and the history of the House of CHANEL," Bruno Pavlovsky, Chanel's president of fashion, said in a statement Tuesday. "He steadfastly promoted the talent and expertise of CHANEL’s ateliers and Métiers d’Art, allowing this exceptional know-how to shine throughout the world. The greatest tribute we can pay today is to continue to follow the path he traced by –- to quote Karl –- 'continuing to embrace the present and invent the future.'".The fashion guru was noticeably absent from Chanel's haute couture show during fashion week in Paris last month.
Though his exact age is unknown, Lagerfeld was believed to be around 85 years old at the time of his death.More photos below.
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