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 HAS NO ACCOUNTANT IN CHARGE OF N13BN NIA LOOT.(PHOTO).#PRESS RELEASE .

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EFCC Has No Accountant In Charge of N13bn NIA Loot

The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a report by an online news medium, Peoples Gazette, alleging that a certain Jafaru Mohammed whom it claimed stole N10.9billion from the NIA Ikoyi loot is an accountant of the EFCC.

The claim is false and intended to mislead the public. For the avoidance of doubt, the EFCC has no accountant by name, Jafaru Mohammed and could not have appointed him to serve in another agency.

It is infantile to suggest that the Commission would appoint an accountant for the National Intelligence Agency, NIA, which is not a department of the EFCC.

The public is enjoined to discountenance the report which is dripping with mischief for which Peoples Gazette has become notorious. 
 

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