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

ICPC ARRAIGNS VARSITY STAFF OVER N9.9M CONTRACT FRAUD.(PHOTO).#PRESS RELEASE.


ICPC arraigns Varsity Staff Over N9.9m Contract Fraud

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned one Mr. Alanamu Zubair Olayemi, a Web Programmer II of the University of Ilorin, for alleged contract fraud and abuse of office.

In a Charge No: KWS/53C/2022 brought before Hon. Justice Adenike Akinpelu of Kwara State High Court sitting in Ilorin, ICPC accused the university staff of holding an indirect private interest in a contract awarded to Global-Wise ICT Solutions and Technology Limited of which he was the sole signatory to the company’s bank account.

The Commission, therefore, in a 2-count charge preferred against the accused person, informed the court of how the public servant used his position to confer corrupt advantage upon himself as the beneficial owner of Global-Wise ICT Solutions & Technology Limited, in which account the contract sum of N9,950,800.00 was paid.

The said contract sum was meant for the provision of basic and extended portal services.

His actions are contrary to, and punishable under sections 12 and 19 of the Corrupt Practices and Other Related Offences Act, 2000.

When the charges were read to the defendant, he entered a “not guilty” plea.

His counsel, Salman Jawando, then prayed the court to grant his client bail which was not opposed by the prosecution counsel.

The trial Judge therefore admitted the accused person to bail in the sum of N2,000,000.00 and two sureties in the like sum. The surety must be a blood relation and a responsible resident within the jurisdiction of the court, with evidence of ownership of landed property and Affidavit of means.

The case has been adjourned to 15th November 2022, for commencement of hearing.

 

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