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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ALL JOBS ARE SECURE AT TVC COMMUNICATIONS-MANAGEMENT.{PHOTO}.#PRESS RELEASE.

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There were speculations and rumours out there that some Staff of TVC might lose their jobs after their head quarters was almost burnt to the ground and cars burnt.Now the management is clearing the air,issued an official statement that all their 550 employees will still keep their jobs.

PRESS RELEASE.

''Lagos,October 30th, 2020: The CEO of TVC Communications, owners of TVC, TVC News, Max FM Lagos & Abujal Adaba FM Andrew Hanlon has stated today that the jobs of all its 550 employees are safe and secure.

Mr. Andrew Hanlon made the announcement on foot of 'misleading reports' which suggested that 250 jobs were lost following an arson attack on its studios in Ikosi Ketu, Lagos last week.
He said the reference to 250 jobs related to those of our employees who had been physically displaced due to the fire at our premises, this does not mean those same employees had subsequently lost their jobs due to the fire. All ol our staff remain with us, and have merely now been relocated to temporary offices while we build a bigger and better television studio complex
Signed:
Andrew Hanton.
CEO, TVC/Communications.


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