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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CO-FOUNDER OF A HONG-KONG CRYPTOCURRENCY COMPANY 'TIANTIAN KULLANDER ' PASSED AWAY AT THE AGE OF 30.(PHOTO).#RIP.

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Tiantian Kullander, the co-founder of Hong Kong-based digital asset company Amber Group, died in his sleep on November 23.

 

The sad news was confirmed on the company’s website.

 

"He put his heart and soul into the company, in every stage of its growth. He led by example with his intellect, generosity, humility, diligence and creativity" the company wrote in a statement confirming his death on their website, commemorating him as a "devoted" husband and "loving" father.


 

Known affectionately by his peers as "TT," the company remembered him as a "respected thought leader and widely recognized pioneer for the industry."


 

"His depth of knowledge, his willingness to collaborate and his desire to always help others benefited countless start-ups and individuals. His insights and creativity inspired many projects, people and communities.

 

"We lost a great partner and a true friend in TT and words cannot express our sorrow at this time. TT’s legacy will live on and we will work even harder to make Amber the category-defining leader of our industry, as this was TT’s ambition and dream."

 

Further details surrounding Kullander’s death were unavailable, except for the fact he passed while asleep.

 

Kullander launched Amber in 2017 with a group of finance insiders, including former Goldman Sachs Group and Morgan Stanley workers.

 

Before that, he worked as a trader at both finance giants, and in 2019 earned a coveted spot on the Forbes 30 Under 30 list.

 

Earlier this year, the start-up reached a staggering $3 billion valuation after scoring a $200 million funding round. 

 

The statement continues: "TT’s legacy will live on and we will work even harder to make Amber the category-defining leader of our industry, as this was TT’s ambition and dream.

 

"TT was a devoted husband, a loving father and a fierce friend. His passing is a tragedy and our thoughts and prayers are with his family.

 

"He is survived by his wife and their beloved son. We kindly request that you respect their privacy during this difficult time."

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