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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ALLEGED N700 MILLION FRAUD: COURT ADJOURNS IZE-IYAMU'S TRIAL TO 2ND OF MARCH 2020.{PHOTOS}.

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     Justice M. G. Umar of a Federal High Court, Benin City, Edo State has adjourned the trial of Pastor Osagie Ize-Iyamu, a former governorship candidate of the Peoples Democratic Party, PDP in the state to March 2, 2020.
Ize-Iyamu, is being prosecuted by the Economic and Financial Crimes Commission, EFCC, alongside Lucky Imasuen, former deputy governor of Edo State, Chief Dan Orbih, PDP chairman in Edo State; Tony Aziegbemi and Efe Erimuoghae.More photos below.
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