LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

Image
 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

UNDERGRADUATES JAILED FOR CYBERCRIME IN ILORIN.{PHOTO}.#PRESS RELEASE.

Undergraduates Jailed for Cybercrime in Ilorin


Justice Sikiru Oyinloye of the Kwara State High Court sitting in Ilorin has sentenced a 21-year-old student of Ladoke Akintola University of Technology, LAUTECH, Ogbomosho, Omotosho Olorunyomi Samuel, and two others over offences bordering on cybercrime. 


The two others are Abass Lawal, a student of the Kwara State University, KWASU, Molete and one Olajide Taofeek Adegoke.


The Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Thursday, August 5, 2021, arraigned the trio on separate two counts of charges each, to which they pleaded guilty.


Following the guilty plea by the defendants, the prosecution reviewed the facts of the cases and tendered incriminating items recovered from the defendants, which were admitted in evidence by the court.  


In his judgment, Justice Oyinloye said the court relied on the evidence of the prosecution, the plea of guilt entered by the defendants and the testimonies of the prosecution witnesses, which were not controverted by the defendants. He said the court was satisfied that the prosecution had proved its cases beyond reasonable doubt.


Consequently, Justice Oyinloye sentenced Omotosho to one-year imprisonment on count one with an option of a fine of N100, 000 (One Hundred Thousand Naira) and six months imprisonment on count two with an option of fine of N100, 000 (One Hundred Thousand Naira Only). He ordered the forfeiture of $1,350 (One Thousand, Three Hundred and Fifty United States Dollars) and the sum of N929,389 (Nine Hundred and Twenty Nine Thousand, Three Hundred and Eighty-Nine Naira) domiciled in the convict’s Guaranty Trust Bank account to the Federal Government. 


The judge also forfeited the Mac Book Laptop and iPhone 11 Promax used as instruments of the crime to the Federal Government. 


Similarly, Justice Oyinloye sentenced Abbas to one-year imprisonment each on the two counts preferred against him, which would run concurrently. He also gave the option of a fine of N50,000 (Fifty Thousand Naira) on each of the counts.


He ordered the forfeiture of his iPhone 11 Promax used as an instrument of the crime to the Federal Government. 


In the same vein, Olajide was sentenced to one-year imprisonment on count one with an option of fine of N100,000 (One Hundred Thousand Naira) and two years on count two with an option of fine of N3,107,215 (Three Million, One Hundred and Seven Thousand, Two Hundred and Fifteen Naira Only).


The judge thereafter ordered the forfeiture of the manager's cheque (bank draft) of N300, 000 (Three Hundred Thousand Naira) which the convict raised as restitution and the iPhone used to perpetrate the crime to the Federal Government.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).