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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COURT JAILS TWO OIL THIEVES IN PORT HARCOURT.{PHOTOS}.#PRESS RELEASE.

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      Justice I.M Sami of the Federal High Court sitting in Port Harcourt, Rivers State has convicted and sentenced two oil thieves to one year imprisonment each for illegal dealing in petroleum products.

The convicts, Friday David and Ikechukwu Utobo, were arraigned by the Economic and Financial Crimes Commission, EFCC, Port Harcourt’s zonal office on August 18,2020 on one-count separate charge bordering on illegal dealing in petroleum products.

One of charge read: "that you Ikechukwu Utobo being the driver on board Mark Tanker with registration number KPR 667 XA on or about the 3rd of March , 2020 at Iwofe, Port Harcourt within the jurisdiction of this Honourable Court, without appropriate licence, deal in petroleum product to wit: illegally refined Premium Motor Spirit/Automotive Gas Oil and thereby committed an offence contrary to Section 1(1) (a) of the Miscellaneous Offences Act, Cap M17 of the Revised Edition (Laws of the Federal of Nigeria), 2007 and punishable under Section 1 917) of the same Act.

The convicts pleaded "guilty" to their separate charges.

In view of their plea, prosecution counsel, M.T. Iko called a witness, Assistant Detective Inspector Isaac Kazzar who is a staff of the commission, to review the facts of the case and tender Exhibits.

Iko urged the court to convict and sentence the defendant as charged.

Justice Sani convicted and sentenced David and Utobo to one year imprisonment with an option of fine of Four Hundred Thousand Naira (N400,000.00) each. He also ordered that the product on board the Trucks be sold by the Chief Registrar of the Federal High Court and the proceeds paid into the Treasury Single Account (TSA).More photos below.

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