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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OIL THEFT: MILITARY HANDS OVER NINE SUSPECTS,VESSEL TO EFCC.{PHOTOS}.#PRESS RELEASE.

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     The Economic and Financial Crimes Commission, EFCC, Port Harcourt's Zonal office, on Friday, July 10, 2020 took over a vessel, christened MT Morris alongside nine crew members. The suspects are: Felix Eboh; Ovie Idisi; Bob Davies; Ojo Sunday; Oluwale Olaitan; Orok Oyo; Godwin Okpaje, Francis Chinbo and Olanioyi Goodness.
Representative of Sector Three of the Joint Military Task Force, Operation Delta safe, Colonel N.C.E Ejike, who led the handing over, said the suspects and the vessel were arrested by officers of 29 Battalion, Nigeria Army, deployed for anti-bunkering operations at Bile in Degema Local Government Area of Rivers State. They were nabbed while siphoning petroleum products suspected to be crude oil from a pipeline.
Receiving the suspects and exhibits, the representative of the Head of the Port Harcourt Zonal Office of the EFCC and Head Extractive Industry Fraud Section, Ani Davis Stanley, thanked the officers and men of the Joint Task Force for their efforts and commitment towards combating illegal oil bunkering activities and safeguarding the nation’s maritime domain. He promised that the EFCC will utilize the power vested in it to ensure that justice is served.
The suspects will be charged to court as soon as investigation is concluded.More photos below.
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