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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ABDUCTED CLERIC ADMITS N100M WAS PAID FOR HIS RELEASE.(PHOTO).

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Abducted Cleric Admits N100m Was Paid For His Release

The kidnapped Prelate of the Methodist Church, His Eminence Samuel Uche, on Tuesday said N100m was paid as ransom before he was released.

At a press conference in Lagos, the cleric said the monies were arranged in five sacks of N20 million.

The funds, he noted, were raised by the Methodist church in Nigeria.

He also claimed that neither the Federal or State Government, nor the military or police intervened.
The cleric was kidnapped on Sunday in Abia State but was released on Monday.




 

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