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

CYBER-CRIME: EFCC ENUGU ZONAL OFFICE ARRESTS 28 SUSPECTS.{PHOTOS}.#PRESS RELEASE.

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    The Enugu Zonal office of the Economic and Financial Crimes Commission, EFCC,in its resolve to completely wipe out the menace of internet crimes popularly known as ‘Yahoo-yahoo’ on Thursday, September 26, 2019, raided two residential buildings at Maryland, Enugu where twenty Eight (28) suspected fraudsters were arrested.
The arrests followed some intelligence obtained by the Commission regarding activities of some people living ostentatiously without any known means of livelihood. They were alleged to have specialized in defrauding many unsuspecting victims (within and outside the country) of huge sums of money through their nefarious operations.
In the course of executing search at the residences of the suspects, many of them, including a female suspect, attempted destroying some phones found on them, as the female suspect was caught flushing a broken Iphone down the toilet. The phone was, however, recovered.
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Some items which were confiscated during the raid include: four (4) apple macbook, Two (2) Iphone, Xmax and other HP laptop computers. .
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Other items include: Two (2) Toyota Camry, four (4) Toyota Corolla and one (1) Mercedez Benz GL450 car.
The suspects who have volunteered statements under words of caution will be charged to court as soon as investigations into the matter are concluded.
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The Enugu Zonal Head of the Commission, Usman Imam, said the prevalence of cyber-crime in the zone and involvement of very young Nigerians was not only alarming but has become a national catastrophe.
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He said; “We have a problem in our hands and we have to face it squarely. Personally, it is disheartening seeing young men and women being caught, prosecuted and convicted of crimes which could be avoided. But, they also have a role to play by consciously changing their mindset and shunning greed and peer pressure to commit crime.”.More photos below.
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