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

FAKE VEHICLE PLATE NUMBER PRODUCTION FACTORY DISCOVERED IN ANAMBRA.(PHOTO).


Fake Vehicle Plate Number Production Factory Discovered In Anambra

The Anambra State gov­ernment has discov­ered a factory at Nne­wi where fake vehicle plate numbers are allegedly being manufactured and sold to unsuspecting Ndi-Anambra, ANAMBRA PEOPLE reports.

It has described the devel­opment as inimical to proper licensing by the Federal Road Safety Corps (FRSC) and the state government.

Investigations revealed that the said fake vehicle plate number production plant had been in existence over the years, dishing out plate numbers not captured in the government’s database and this trend had culminated into government losing huge sums of money to the cartels.

Chairman of the Anambra State Internal Revenue Service Mr. Richard Madiebo, who spoke with our correspondent on the development, said on assumption of office, he dis­covered that it had been the practice over the years.
He, however, maintained that the state government was working with security opera­tives and relevant Federal Gov­ernment agencies to see that it was stopped.

Madiebo said such areas would generate huge revenue for the state, adding that govern­ment was interested in ensur­ing that everybody got the right licensed plate numbers in their vehicles.

Madiebo also stated that apart from revenue generation, genuine licensed plate numbers guaranteed security because it would help to know number of cars and how many of them use Anambra roads.

He said it was adviseable for people to obtain vehicle plate numbers from various accred­ited motor licensing offices, in­stead of patronising racketeers.

The revenue boss said to obtain genuine licensed plate numbers costs about N18, 750, but people would prefer to purchase counterfeit vehicle papers at the rate of N3,000 or N4,000 and would not be captured in the official data­base of both the FRSC and the State Internal Revenue Service.

He said government was currently making frantic ef­forts to sanitize the licensing regime in the state and that by December 31, 2022, govern­ment targets to hit at least N40 billion revenue base, even as government was determined to reduce leakages to the bar­est minimum.


 

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