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

EFCC DECLARES RIVERS ACCOUNTANT-GENERAL,58 OTHERS WANTED FOR N435 BILLION FRAUD.(PHOTO).


EFCC Declares Rivers Accountant General, 58 Others Wanted For ₦435 Billion Fraud

The Economic and Financial Crimes Commission has declared the Rivers State Accountant-General, Fubara Siminayi, and 58 others wanted for N435 billion fraud.

Siminayi, and four other Rivers State government officials, among others, are wanted for suspected N117 billion fraud, alleged criminal conspiracy, money laundering, misappropriation of public funds, and abuse of office. The EFCC stated in a statement sighted by The PUNCH.

The Commission’s Head of Media and Publicity, Wilson Uwujaren, called on the general public to assist in apprehending the Accountant-General and other suspects.

Uwujaren said, “We call on anyone with useful information as to the whereabouts of the Account-General to contact any of the Agency’s offices or the nearest police station or other security agencies.”


 

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