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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COURT REFUSES OKOROCHA'S BAIL BID.(PHOTO).#PRESS RELEASE.

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Court Refuses Okorocha’s Bail Bid

The attempt by a former governor of Imo State, Senator Rochas Okorocha to force his release by the EFCC on Friday, 27 May, 2022 failed as Justice Inyang Ekwo of the Federal High court, Abuja refused his ex parte application asking to be released on bail pending the determination of a suit he filed against the Federal Government.

Mr. Okorocha who was arrested by the EFCC on Tuesday May 25, 2022 premised his application on the grounds that his presidential ambition under the platform of the All Progressives Congress could be imperiled unless granted bail.

But Justice Ekwo declined to compel the EFCC to release him on bail but ordered the applicant to put the Federal Government on notice to justify his continued detention.

The EFCC has filed a 17-count criminal charge against Okorocha before the same judge, with arraignment adjourned until May 30, 2022.

 

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