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

TWO OIL THIEVES BAG FIVE YEARS IN PORT HARCOURT.[PHOTOS}.#PRESS RELEASE.


    The Economic and Financial Crimes Commission, EFCC, Port Harcourt's zonal office, on Thursday , July 23 2020 secured the conviction and sentence of Oghenovo Emmanuel and Abdullahi Hassan Bika to fve years imprisonment before Justice M. L. Abubakar of the Federal High Court, siting in Port Harcourt, Rivers State.
The convicts were arraigned by the Economic and Financial Crimes Commission, EFCC on one-count seperate charge bordering on illegal dealing in petroleum products, contrary to Section 1 (17) (a) of the Miscellaneous offences Act, CAP P17 Laws of the Federation of Nigeria of (Revised Edition) 2004, and punishable under Section 1 (17 ) (b) of the same Act.
They however pleaded "guilty" to the charge preferred against them by the EFCC.
One of the count charge read: "That you Oghenovo Emmanuel, on or about 29th day of November, 2019 around Sambreino River, Rivers State within the jurisdiction of this Honourable Court, did without lawful authority and appropriate license deal in Petroleum Product and thereby committed an offence contrary to Section 1 (17) (a) of the Miscellaneous offences Act, CAP P17 Laws of the Federation of Nigeria (Revised Edition) 2004, and punishable under Section 1 (17 ) (b) of the same Act.
Another count read: That you Abdullahi Hassan Bika on or about 29th day day of November, 2019 around Sambreino River, Rivers State within the jurisdiction of this Honourable Court, did without lawful authority and appropriate license deal in Petroleum Product and thereby committed an offence contrary to Section 1 (17) (a) of the Miscellaneous offences Act, CAP P17 Laws of the Federation of Nigeria (Revised Edition) 2004, and punishable under Section 1 (17 ) (b) of the same Act.
While reviewing facts of the case, prosecution counsel, M .T Iko tendered some documents and prayed the court to accept same in evidence , n convicting the defendants accordingly. The documents included: a Hand Over note from Nigeria Navy, NNS Pathfinder, a letter of response from the Department of Petroleum Ressources (DPR), Statement of the defendants and a letter of response from National Inland Waterways Authority (NIWA). They were accepted by the court as evidence and marked as exhibits A, B,C and D respectively.
In view of the exhibits tendered, prosecuting counsel, M . T Iko urged the court to convict and sentence the defendant as charged
However, counsel to both defendants, R. U. Oyiwona, prayed the court to temper justice with mercy, stressing that the defendants were bread winners of their families.
Justice Abubakar convicted and sentenced the defendants to five years imprisonment each, with an option of fine of One Hundred and Fifty Thousand Naira (150,000).
Emmanuel and Bika's journey to the prison started when the Commission received a letter of petition from Nigerian Navy, Naval base, Port Harcourt, Rivers State for alleged illegal dealing in petroleum products, sometimes in January 9, 2020.
Investigation showed that the defendants were arrested in December 1, 2019, by the Nigerian Navy during their anti-bunkering operations in Sambreiro River, in Rivers State.
Further investigation showed that about eight defendants were arrested alongside a Motor Tanker, Lady Ochy, loaded with unspecified quantity of illegally refined petrolatum products, suspeced to be Crude Oil.
They were handed over to EFCC for further investigation and possible prosecution.More photos below.
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