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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GOVERNMENT'S POLITICAL WILL,EFCC'S MAJOR STRENGTH-MAGU.{PHOTOS}.#PRESS RELEASE.

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     The Acting Chairman of the Economic and
Financial Crimes Commission, EFCC, Mr. Ibrahim Magu has attributed the rising successes of the Commission in the anti-corruption fight to the political will of
President Muhammadu Buhari’s government which allows for non-interference in its works and zero tolerance for any act of corruption.
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He made this disclosure in Abuja on Thursday, June 11, 2020 at the EFCC’s Headquarters in a World Press Conference to mark the 2020 Democracy Day and Anti-corruption Summit. .
.According to Magu, "The political will we
have enjoyed from the present government in the fight against corruption is unprecedented. That the president allows the EFCC to operate without interference has been one of our biggest strengths."
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Based on this strength and many other conducive enablement, the EFCC's boss said that strings of achievements have been made in the last couple of years. According to him, the EFCC has secured 2,240 convictions
and recovered assets in excess of N980 billlion in the last five years.One more photo below.
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