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

COURT ORDERS NBC AND DAAR COMMUNICATION TO MAINTAIN STATUS QUO.

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     The  Justice Inyang Ekwo-led Federal High Court sitting in Abuja has, Friday, nullified the suspension of operating license of Daar Communications PLC, operator of AIT and Ray Power, ordering both NBC and DAAR who are parties in the case of DAAR communications and the National Broadcasting Commission (NBC) to maintain the status quo pending a hearing on June 13, 2019.The National Broadcasting Commission, NBC, had, Thursday, suspended the operating license of the Daar Communications PLC, operator of AIT and Ray Power over alleged breach of the NBC’s broadcasting code.
Justice Inyang Ekwo, while delivering the order, mandated the FG government and NBC to appear before it to show cause why a revert to May 30, 2019 status quo ante bellum, sought by Daar Communications PLC should not be granted.
Justice Ekwo had ordered the National Broadcasting Commission (NBC), the Federal Ministry of Information and Culture and the Attorney General of the Federation to appear before the court on Thursday, June 13 to show cause why the motion on notice by Daar Communications PLC, challenging the ban should not be granted.Recall that while announcing the ban on Daar Communications in Abuja on Thursday, the Director General of the NBC, Dr. Modibbo Kawu had said that the decision was based on the violation of the broadcasting code by the stations which is backed by provisions of Section 10 of the Third Schedule of the NBC Act Cap N11 Laws of the Federation of Nigeria, 2004.
Apart from violating broadcasting code, he said the decision was also taken for the failure of the broadcast stations to pay their license fees as when due, even persistent warning to the company to toe the line of caution.
However, In an ex parte application, Daar Communications PLC, had, through its lawyer, Mike Ozekhome (SAN), on Thursday, asked the court to order the Commission to revert its ban.
Daar Communications PLC, In the suit against the NBC, the Federal Ministry of Information and Culture, and the Attorney General of the Federation, Daar claimed that did not breach any broadcast code.
It asked the court to grant its prayers in “restraining the defendants from blocking, jamming, stopping removing from air and/or interfering with the air waves of the plaintiff/applicant (Daar Plc) in any way and manner however called from invading the premises of the plaintiff/applicant (Daar Plc) or closing down, viet armis, the said premises, its operations or broadcast services, pending the hearing and determination of the motion on notice filed along with this application.”.
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