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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TWO BAG TWO YEARS EACH FOR INTERNET FRAUD IN KWARA.{PHOTOS}.

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     The Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Office has secured the conviction of Oyedele Olamide and Abdulrahman Olamide for offences bordering on internet fraud.
They were arraigned before Justice Sikiru Oyinloye of a Kwara State High Court who at the end of the trial found them guilty of the offences levelled against them by the EFCC.
The charge against Abdulrahman reads: "That you, Abdulrahman Mohammed Olamide (alias Fox Tim) on or about the 28th day of September 2019, in Ilorin, within the jurisdiction of the High Court of Kwara State, did cheat by personation, when you pretended to be Fox Tim and in that assumed character received a $50 (Fifty Dollar) iTunes gift card through your email account foxtim908@gmail.com from one Brian Kelly, an American citizen, a representation you knew to be false and thereby committed an offence contrary to section 321 of the Penal Code and punishable under section 324 of the same Panal Code."
They pleaded "guilty" to the charges.More photos below.
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