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

THE $496M TUCANO FIGHTER JETS WERE BOUGHT TO FIGHT BOKO HARAM NOT BANDITS-ARMY.[PHOTO].

More facts have emerged on why the Armed Forces have yet to deploy their full arsenal against bandits who have dominated the North-West and parts of the North-Central geopolitical zones.


The PUNCH reliably learnt on Monday that the Armed Forces told the National Assembly, through its committees, that the agreement signed with the Government of the United States was that the A-29 Super Tucano fighter jets procured from the country would be deployed against terrorists and insurgents, and not bandits.


Several sources in the National Assembly, who are in the know of the development, said the complaints by the service chiefs led to the recent demand by the Senate and the House of Representatives that bandits should be designated as terrorists.


The PUNCH had reported that the Federal Government in February 2018 placed an order for 12 A-29 Super Tucano aircraft at a cost of $496m.


The lawmaker said, “Let me tell you the truth. We once asked the Armed Forces why they had not deployed the Tucano in the fight the bandits and one of the service chiefs (name withheld) told us that their hands are tied due to the human rights regulations regarding to the aircraft. He told us that the equipment is meant for the war against terrorists and insurgents and since these are bandits, they cannot be deployed.

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