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

MAGU ASSURES COPYRIGHT COMMISSION OF SUPPORT AGAINST PIRACY.[PHOTOS}.#PRESS RELEASE.

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     The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has assured the Nigerian Copyright Commission, NCC, of the Commission's support to its fight against piracy.
Magu gave the assurance on Thursday, May 9, 2019 in Port Harcourt, the Rivers State capital through the Head, Port Harcourt Zonal Office of the EFCC, Abdulrasheed Bawa while receiving the Rivers State's Zonal Coordinator of the NCC, Mrs. Nkechi Ezinma, who came to pay him a courtesy Visit. According to Magu, piracy is an economic crime and the EFCC would be willing to support any agency empowered by law to fight it.
"Section 46 of the EFCC's Establishment Act stipulates what constitutes economic crimes. Theft of intellectual property and piracy is listed in the Act. We are ready to support and partner with you. There is the supply, distribution and consumption sides of piracy. Any case that emanates from any of the sides will be dealt with," he said.
Magu expressed delight that the NCC was involved in the prosecution of pirates of intellectual properties, noting that such statutory responsibility would considerably protect copyright owners and enhance the development of intellectual property in Nigeria.
"I'm pleased to know that your Commission is a prosecuting agency. Operationally, the EFCC would always come to your aid. If you are carrying out a sting operation in any of your locations, we will be ready to partner with you," he assured.
In response, Ezinma appreciated the EFCC's hand of fellowship and promised to carry the Commission along in its activities, henceforth.
She decried the damaging effects of piracy on the nation's economy and expressed happiness with the promise of assistance from the EFCC to her Commission.
"Piracy is taking the economy down. While pirates are smiling to the banks everyday, copyright owners are wallowing in poverty. This should not continue. I'm pleased that the EFCC is willing to partner with us. Your support will assist us in tackling copyright infringements", she said.Ezinma was accompanied on the visit by NCC's heads of Administration and Enforcement.One more photo below.
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