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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MAN ARRESTED IN EKITI WITH FAKE N250,000 NEW NAIRA NOTES.(PHOTOS).

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 Man arrested in Ekiti with fake new naira notes to the tune of  N250,000 


Operatives of the Ekiti State Amotekun Corps have arrested a man, identified as Celestine, with counterfeited new N1,000 notes amounting to about N250,000.


Celestine, who claimed he was an Anambra State born Lagos-based businessman, said he was heading from Lagos State to Isanlu in Kogi State to buy kolanut and bitter kola when he was arrested with the fake new naira notes.


The suspect, who spoke at the Amotekun State headquarters, Ado Ekiti, where he was paraded with the money, described himself as victim of circumstances, saying, 


“I collected the fake new naira notes from a customer in Lagos State without knowing that they were not genuine.

More photos below. 


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