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

CHINA BUSINESSMAN WAS KILLED AND BURIED IN A SHALLOW GRAVE AFTER KIDNAPPERS COLLECTED N2M RANSOME FROM HIS FAMILY IN AKWA IBOM STATE.{PHOTOS}.

 

The Akwa Ibom State Police Command has exhumed the body of a 36-year-old China-based businessman, Onyeka Oliver Ezewulu, who was abducted by kidnappers, killed, and buried in a shallow grave after collecting N2m ransom from his family. 

Operatives of the Force Intelligence Bureau (FIB) Special Tactical Squad of the Command had stormed the kidnappers den in Mbiaso community in Nsit Ibom Local Government Area of the state on Monday, March 29, and killed three of the hoodlums during a gun battle.

It was gathered that the deceased businessman was shot on the leg while attempting to flee when the heavilly armed kidnappers laid ambush close to his house located along Idoro road, in Uyo on March 5, 2021. The gang thereafter bundled their bleeding victim into a White coloured Toyota Camry car and drove off.

Further investigations indicate that the victim was not given any medical attention and died as a result of the excessive loss of blood from the gunshot wounds. The kidnappers buried his body in a shallow grave near a stream along old Mbiaso road.

After his death, the kidnappers demanded a huge ransom from his family. On March 10, the family paid two million naira to the gang.

The discovery was made following detailed investigation by the police team led by CSP Julian Igbodu.

A middle aged female suspect identified as Deborah Sunday, was arrested and assisted the police in locating the hideout.

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