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

GRATIFICATION: EFCC ARRAIGNS FORMER PROVOST,FEDERAL COLLEGE OF EDUCATION ZARIA,OTHER.{PHOTO}.#PRESS RELEASE.

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    The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Office arraigned Dr. Moukhtar Ibrahim Maccido, a former Provost, Federal College of Education, Zaria, Kaduna State and one Annas Shehu, a business man and Managing Director, Bilnas Printing Press. He was arraigned before Justice Kabiru Dabo of the Kaduna State High Court sitting in Zaria, Kaduna State on five count charge bordering on Conspiracy, Diversion of Funds meant for the college through award of phony contracts and receiving gratification.
Their trouble started when the Zonal Office received a petition by Civil Society Legislative Advocacy Centre (CISLAC) in August, 2018 on the fraudulent activities of the College officials.
The petitioner alleged that the management College, between 2010 to date conspired and diverted funds meant for the college through award of phony contracts, disbursement of funds for fake studies and conferences.
The petitioner further alleged that the management staff acquired properties they failed to declared; besides, the school management allegedly labelled old projects as new ones and, in the process, defrauded the government with hundreds of millions of naira.
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