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 INTERCEPTS N32.4M ALLEGEDLY MEANT FOR VOTE-BUYING IN LAGOS. (PHOTO).#PRESS RELEASE.

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EFCC Intercepts N32.4m Allegedly Meant for Vote-buying in Lagos

The massive operation by the Economic and Financial Crimes Commission, EFCC, to deter vote trading and other financial malfeasance ahead of tomorrow's presidential and national assembly elections may have begun paying dividends with the interception in Lagos of the sum of N32, 400,000 (Thirty-two Million, Four Hundred Thousand Naira) allegedly suspected to be used for vote buying in Lagos. The recovery was made by operatives of the Lagos Zonal Command of the Commission.

The suspect involved has been taken into custody for further questioning.

 The Chairman of the Commission, Abdulrasheed Bawa has implored all personnel of the Commission deployed for election monitoring duties to show courage and not give room for unscrupulous persons to undermine the integrity of the elections through financial inducement.

Tactical team of operatives are currently on ground in all the states of the federation and the FCT. Telephone hotlines have already been circulated through social media for members of the public to share information regarding financial malpractices with agents of the Commission. Details of the number are available on EFCC social media platforms. 

Members of the public are encouraged to report anyone trying to buy or sell votes by making use of the EFCC financial crimes reporting App, Eagle Eye, which is available for download on the Google Play or Apple store. 

 

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