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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ABUBAKAR ALI PETERS,NADABO ENERGY LIMITED IN N1.4BILLION FRAUD TRIAL.(PHOTOS).#PRESS RELEASE.

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Abubakar Ali Peters, Nadabo Energy Limited in N1.4billion Fraud Trial 

Pictures show the Executive Chairman, EFCC, Mr. Abdulrasheed Bawa arrives courtroom for further cross-examination in the alleged N1.4bn fuel subsidy fraud trial of Mr. Abubakar Ali Peters and his company, Nadabo Energy Limited, before Justice C.A. Balogun of the Lagos State High Court sitting in Ikeja, May 18, 2022.
More photos below. 


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