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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CHECKOUT THE LATE OTUNBA SUBOMI BALOGUN'S MANSION IN IKOYI.(PHOTOS).

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OTUNBA SUBOMI Balogun Passes On: 

“Otunba's Jewel" - late Subomi Balogun’ s palatial Ikoyi home is one of the most astonishing architectural masterpieces in Nigeria with it's crystal-coated Grecian Porticos & Colonnaded Porches. Some parts of the mansion are Cladded in White Calacatta Carra, a Brand of Italian Marbles, the finest & most expensive in the world. 
The rest of the mansion was painted by Farrow & Ball UK. The late business magnate was one of the biggest real estate owners in the history of Nigeria. 
He owns jaw-dropping mansions in different cities of the world and his country home, Ijebu Ode.
Now I know where all the FCMB branches got their designs from,is from his house design. 
More photos below. 





 

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