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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WE'LL BRING FORMER MINISTER ALISON-MADUEKE BACK TO NIGERIA TO FACE JUSTICE,MAGU VOWS.{PHOTOS}.#PRESS RELEASE.

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    For the second time in 24 hours, the acting Chairman of the EFCC, Ibrahim Magu, has reiterated the commitment of the anti-graft agency to ensuring that the former Minister of Petroleum Resources, Diezani Alison-Madueke, is repatriated to Nigeria to face criminal charges against her.
Magu gave the hint in Ibadan on Wednesday, January 22, 2020, while fielding questions from journalists during his working visit to the Commission’s Ibadan zonal office. He earlier told journalists when he was at the Ilorin Zonal Office on a working visit yesterday.
He said the Commission had traced a number of criminal activities ranging from abuse of office, bribery, fraud, misuse of public funds and money-laundering to the former minister, who is currently at large to avoid questions on alleged criminal activities dotting her years as a minister of the Federal Republic of Nigeria.
The anti-graft czar, who wondered why her current country of abode has not surrendered her to Nigeria to face justice, said the EFCC would do everything within its power to get her prosecuted this year.More photos below.
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