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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DBANJ RELEASED AFTER ICPC COULD NOT FIND ANYTHING INCRIMINATING ON HIM- DBANJ’S ATTORNEY. (PHOTOS).#PRESS RELEASE.

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DBANJ released on self recognizance after ICPC could not find anything incriminating on him. He is clean. It is an embarrassment to the entire country that such a huge allegation of 900m Naira without any evidence, yet made public unconfirmed. The Chairman and entire officers of ICPC must be deeply sad and embarrassed also that their decent organization was used for such a shameful publicity against an innocent man. Only few organizations and persons stood and waited to verify the claims. Nigeria is evil. The Minister that claimed to have instructed ICPC, when she only cashed into already ongoing investigation must now be ready to explain to world. We still demand, provide the details of the government authority he allegedly collaborated with, provide the account and amount allegedly traced to Dbanj’s account. This is to say big thank you to Chief Mike Ozekhome SAN and my Learned Senior Barr. Babs for the leadership. Special thanks to all officers of ICPC for treating Dbanj kindly through his stay. Dbanj, chop life!.

More photos below. 




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