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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FAYEMI DECLINE EFCC INVITATION,GIVES REASON.(PHOTO).

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Fayemi Declines EFCC Invitation, Gives Reason


The former Governor of Ekiti State, Kayode Fayemi, has declined an invitation by the Economic and Financial Crime Commission, EFCC, over an investigation involving money laundering.


DAILY POST sighted an invitation letter dated 12th May 2023, sent to Fayemi by the EFCC.


According to the letter, the Commission said it needed clarifications from Fayemi as part of the investigation.


The statement further disclosed that Fayemi’s scheduled interview with the EFCC would be held on 18th May 2023.


However, Fayemi who had acknowledged the receipt of the commission’s letter via his legal representatives claimed he would not be available for the interview on that particular day.


The former Minister of Solid Minerals stated that he would be engaged in the presentation and launching of two new books in honour of President Muhammadu Buhari.

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