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 ACADEMY IS SET TO AWARD DEGREE CERTIFICATE.{PHOTOS}.#PRESS RELEASE.

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     Ibrahim Magu, Acting Chairman, Economic and Financial Crimes Commission, EFCC has commenced the process of upgrading the EFCC Academy, Karu, Abuja to be certified as the first Anti-Corruption Degree Award issuing Institution in Nigeria.
The revelation was made by the Secretary to the EFCC, Olanipekun Olukoyede at the EFCC Academy, Karu, Abuja during the flag off ceremony of a four-day training on Cyber-Crimes Investigation, as he declared open the Academy training for the year 2019.
“Let me reveal to you that the EFCC under the leadership of the present management led by Ibrahim Magu is paying attention to the training and capacity development of the staff and as such the Acting Chairman inaugurated a committee to fast-track the process of receiving all necessary certifications for the EFCC Academy to start issuing Certificates, Diplomas and ultimately Degree in Anti-corruption Investigation Studies,” Olukoyede said.
Olukoyede who further emphasized that training is an integral part of every organization, said the training on cyber-crime investigation is to increase the capacity of the investigators.
The Commandant of the EFCC Academy, Karu, Abuja, Dr. David Tukura, in his remark, posited that the EFCC Academy has the capacity to conduct all necessary anti-corruption trainings aimed at meeting the human capacity needs of the Commission.
"Training facility is not just about the space or land mass occupied, but the quality of available trainers you have," Tukura said.
Tukura further emphasized that the Commission remained committed to ensuring that the Nigerian economic system is insulated against the criminal tendencies of cybercriminals.
"That is why we catch and get the criminals punished," he concluded.One more photo below.
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