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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EFCC TO LAUNCH STRATEGIC PLAN.{PHOTO}.#PRESS RELEASE.

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EFCC to Launch Strategic Plan 


The Economic and Financial Crimes Commission, EFCC, has concluded plans to officially unveil its strategic plan (2021-2025). 


The plan launch is in line with its mandate to investigate, prosecute and prevent economic and financial crimes and recover the proceeds of crime in Nigeria, 


The event takes place tomorrow, September 29, 2021 at the EFCC Headquarters, Abuja. 


According to the Executive Chairman of the Commission, Abdulrasheed Bawa, the plan is in line with the five pillars of the national anti-corruption strategy of the Federal Republic of Nigeria.

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