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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ALLEGED N450M FRAUD: COURT ADMITS FORMER MINISTER,BULAMA,OTHERS CONFESSIONAL STATEMENTS AS EXHIBIT.(PHOTO).#PRESS RELEASE.

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Alleged N450m Fraud: Court Admits Former Minister, Bulama, Others’ Confessional Statements as Exhibit

Justice Fadima Murtala Aminu of the Federal High Court sitting in Damaturu, Yobe State, has admitted in evidence the confessional statements made by a former Minister of Science and Technology, Abdu Bulama.

Bulama was the coordinator of former President Goodluck Jonathan's 2015 re-election campaign committee in Yobe State. He is being prosecuted alongside a former Commissioner for Integrated Rural Development in Yobe State, Mohammed Kadai, Abba Gana Tata, Muhammad Mamu and Hassan Ibn Jaks for allegedly receiving the sum of N450m from Diezani Alison- Madueke, former Minister of Petroleum Resources, to influence the outcome of the 2015 Presidential Election.



 

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