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 ARRESTS 4 SUSPECTED YAHOO BOYS TODAY IN ABUJA.{PHOTOS}.#PRESS RELEASE.

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    In its war against internet fraud, operatives of the Cyber Crime Section at the Abuja Zonal office of the Economic and Financial Crimes Commission, EFCC on Tuesday September 24, 2019 raided the residence of suspected yahoo-yahoo fraudsters and arrested four of them at Plot 1202 News Engineering Estate, Dawaki, Abuja.
The raid followed covert intelligence gathering and surveillance.
The suspects arrested are Osasu Fred Akioyamem, Ehis Ehizoghie Egheomwan, Chukwuemeka Chanimuya and Oris Karim
In the course of the operation, some of the items recovered include mobile phones, laptop computers, and a Mercedes C350. They will be charged to court as soon as investigations are complete.One more photo below.
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