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

FOOTBALL IS ONE OF TINUBU'S SOURCES OF INCOME- CAMPAIGN DIRECTOR. (PHOTO).


Speaking on Tinubu’s source of wealth, Jibrin, according to Guardian, said, “It has never been a source of controversy. We talk about the aids, source of wealth, Asiwaju’s spending. It has always been in the public space.

“I find it very embarrassing that we ask about his age when it is public knowledge. It is there every year, he is 69 years old and getting to 70.”

Continuing on his source of wealth, Jibrin said “For somebody who has been (head) hunted, right from his schooling days; by multi-national organisations, worked in Arthur Andersen, worked for Mobil and got into politics. This man didn’t go into politics as a poor man.

“I can assure you that no Senator of the Federal Republic of Nigeria is a poor man. He went into politics as a senator of the federal republic. It is in public glare that this man has business in his DNA, both in exporting and the rest. All the people are fully aware that he was sponsoring pro-democracy singlehandedly.

“Nobody has come out with a contrary opinion to that pro-democracy activism in the mid-nineties all through.

“So, why are they asking from where he was getting all that money? And, over the years, here is a man who has had investment all over the world, massive share (holding) in Apple.

“I was surprised lately, while watching a football match with him, to get to know that he is a shareholder in Manchester United (Football Club). So, he has been in business.


 

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