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

STUDENTS IMPRISONED IN ILORIN,LOSE CARS TO FG FOR CYBERCRIME.{PHOTO}.#PRESS RELEASE.

Justice Sikiru Oyinloye of the Kwara State High Court sitting in Ilorin has sentenced two final year students of two tertiary institutions in Ilorin to various jail terms for offences bordering on cybercrime.


The convicts are Oyewale Wasiu Adetunji and Adebayo Ibrahim Abiodun, who are students of Kwara State University, KWASU, Molete and Kwara State Polytechnic, Ilorin, respectively.


Also convicted alongside Oyewale and Adebayo was one Saheed Sikirullahi, who claimed to be a former student of Kwara Polytechnic, Ilorin. 


The Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC prosecuted the three convicts on separate charges.


The convicts during trial pleaded guilty to their charge.


Innocent Mbachie prosecuted for the EFCC in the case against Oyewale and Saheed, while Rasheedat Alao represented the Commission in the case against Adebayo.


The two counsel urged the court to adopt the plea bargain agreements and sentence the defendants.


Delivering judgment on the cases on Monday September 13, Justice Oyinloye said that, he took cognizance of the plea of guilt entered by the defendants, the exhibits tendered without objection by the defence and held that the prosecution had proved its case beyond reasonable doubt.


Consequently, the court sentenced Oyewale to one year imprisonment with option of fine of N500, 000 (Five Hundred Thousand Naira only). In addition, the court ordered the forfeiture of his black Toyota Corolla Car with registration number RSH272BF ABUJA, which he acquired with proceeds of unlawful activities. Also forfeited was the convict’s Purple Samsung S10 and Black iPhone XR, which he used as instruments in perpetrating the crime.


Similarly, Justice Oyinloye sentenced Adebayo to one year imprisonment with option of N500, 000 (Five Hundred Thousand Naira only) fine. The court also ordered the forfeiture of the convict’s Black Toyota Camry Car, 2007 model, with registration number FST 764 GT, which he acquired with proceeds of crime. Also forfeited to the Federal Government were the convict’s HP Pavilion Laptop and Gold Apple iPhone 11 Promax, which he used to perpetrate the crime. The court also ordered the forfeiture of the Manager's Cheque of N400, 000 (Four Hundred Thousand Naira) which the convict raised as restitution to his victims. 


In a similar fashion, Saheed bagged one year imprisonment with option of fine of N200, 000 (Two Hundred Thousand Naira Only). In addition, the court ordered that the sum of $450 (Four Hundred and Fifty United States Dollars) which he benefited from the crime as well as his iPhone 11 Pro Max be forfeited 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).