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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GUINEA PRESIDENT COMMEND MAGU FOR RESPONDING TO HIS INVITATION.{PHOTO}.#PRESS RELEASE.

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      The President of Guinea Conakry, Prof Alpha Conde has commended the Acting Chairman of the EFCC, Ibrahim Magu for responding to his invitation to help reform the Anti-corruption agency in Guinea.
He expressed his gratitude in a letter of appreciation dated November 28, 2019 and sent through the Ambassador of Guinea in Nigeria, Siaka Cissoko.
While commending the Acting Chair on his bold move in the Anti-corruption fight, he expressed his hope of further collaborations with the EFCC.

Acting Chairman, EFCC, Ibrahim Magu left, President of Guinea Conakry, Prof Alpha Conde during the formers visit to Guinea last week.
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