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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EFCC SECURES 3785 CONVICTIONS IN 2022.(PHOTO).#PRESS RELEASE.

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EFCC Secures 3785 Convictions in 2022

The Economic and Financial Crimes Commission, EFCC, secured a total of 3785 (Three Thousand Seven Hundred and Eighty-five) convictions across all its Commands in 2022. The figure, which emerged from a review of the Commission’s performance in the outgone year, shows a 70.5% improvement over its record for 2021(2220). It also represents a 98.93% success rate in prosecution given that the Commission lost only 41 cases, representing 1.07% within the period

As it was in 2021, the Lagos Command of the Agency recorded the most convictions-765, closely followed by the Ibadan Command with 573 convictions and the Port Harcourt Zonal Command- 567, while the headquarters recorded 314 convictions.

The conviction secured by the Commission in 2022 is the highest by the EFCC Since inception, and sustains an upward trajectory which began shortly after the emergence of the administration of President Muhammadu Buhari.

The Buhari administration was elected in 2015 on a tripod of promises- anti-corruption, economic recovery and security. In 2015, EFCC recorded a total of 103 convictions. This shot to 195 convictions in 2016, the first full year in office of the Buhari administration. The figure improved to 312 in 2018, 1280 in 2019, dropped slightly to 976 conviction in 2020, the year of covid-19, then moved up to 2220 in 2021.

 The percentile improvement of the EFCC convictions in the seven years of the Buhari administration from 103 to 3785, is over 3574.8%.

Commenting on the performance, the Executive Chairman of the EFCC, Abdulrasheed Bawa, commended the personnel of the Commission for their industry and dedication despite the challenges of criminal prosecution in court. He assured that the EFCC will continue to motivate all categories of staff for greater efficiency through capacity development and other incentives.

See the attached infographics.

 

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