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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GOV. SANWO-OLU AND HIS DEPUTY DECLARED THEIR ASSETS TODAY.(PHOTOS).#PRESS RELEASE.

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"In compliance with the Constitution of the Federal Republic of Nigeria that mandates political office holders to declare their assets on assumption and at the end of their term in office, My deputy, Dr. Obafemi Hamzat and I have satisfied that necessary requirement before we take oath of office.


Thank you Professor S.F Ogundare, the board member representing South West zone, for administering the assets declaration process.


I also thank Rt. Hon. Taofeek Olawale Abdulsalam, member and Mrs. O Popoola, Lagos State Director of the Code of Conduct Bureau for being witnesses.-Gov  Sanwo-Olu. 

More photos below. 





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