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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SUPREME COURT DISMISSED 2 SUITS FILED BY NED NWOKO TODAY.{PHOTO}.

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      The Supreme Court today Tuesday July 16th, dismissed the two suits filed by billionaire businessman and husband of actress Regina Daniels, Ned Nwoko, challenging the election of Senator Peter Nwaoboshi as the PDP candidate representing Delta North district in the October 2nd 2018 primary of the party held in Delta.
The five-man panel of justices led by Justice Inyang Okoro, dismissed the suit for lack of jurisdiction. The Federal High Court in Abuja had in April declared Ned Nwokwo as the true candidate of the PDP for the February 23, 2019 National Assembly election.
However on April 3rd, the Court of Appeal in Abuja reversed the High court's ruling which sacked Senator Nwaoboshi as the candidate of the Peoples Democratic Party (PDP) for Delta North Senatorial seat.
Unsatisfied by the judgement from the Court of Appeal, Nwoko filed a motion at the Supreme Court to challenge the decision of the Appeal Court, but has now lost the case.
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