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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ANTI-GRAFT WAR: DO NOT REST ON YOUR LAURELS,MAGU CHARGES STAFF.{PHOTOS}.#PRESS RELEASE.

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     The Acting Chairman of the EFCC, Ibrahim Magu has charged staff of the Commission not to rest on their laurels in the fight against economic and financial crimes in the country.
Magu stated this during the end of the year Staff Party of the Benin Zonal Office. Magu who was represented by the Zonal Head, Muhtar Bello commended officers of the Zone for their achievements during the year. According to him, the zone secured 95 convictions and recovered N243 million during the year, an improvement on the previous year.
The Acting Chairman said in 2020, staff must work harder to achieve better result through total dedication and commitment to duty. "In 2020 God willling, it is our desire to do better than we have done this year. We must work together as a team for better result because as it is often said if you want to go fast, you go alone but if want to go far, you go as a team."
Some staff of the Zone who distinguished themselves on the job during the cause of the year were honoured and presented with certificate.More photos below.
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