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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COURT CONVICTS MAN FOR CURRENCY COUNTERFEITING.{PHOTO}.

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Image may contain: 1 person, standing, possible text that says 'EVERY TUSK COST A LIFE'
      The Makurdi zonal office of the Economic and Financial Crimes Commission, EFCC on February 11, 2020 secured the conviction of one Otene Olafikwu before Justice Mobolaji Olajuwon of the Federal High Court sitting in Makurdi, Benue State, on a two-count charge bordering on currency counterfeiting. .
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The convict was arrested alongside John Garba Aondohemba, Simon Atsen Gbagir and Janet Tyondugh for possessing and altering two counterfeit $50 bills. They were subsequently arraigned on February 6, 2020.
Image may contain: 1 person, standing, possible text that says 'EVERY TUSK COST A LIFE'

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