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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IPPIS UNDER INVESTIGATION OVER ALLEGED SALARY PADDING.(PHOTO).

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IPPIS Under Investigation Over Alleged Salary Padding

The Office of the Accountant-General of the Federation (OAGF) has launched a forensic audit into reports of a breach of the Integrated Personnel and Payroll and Information System (IPPIS).

In a statement by the Director of Press and Public Relations in the OAGF, Bawa Mokwa, the Office had received inquiries over alleged “salary padding” on IPPIS involving some unspecified Ministries, Departments, and Agencies.

It says that although there was no evidence of “salary padding” before the OAGF at this time; however, the statement says the office is aware of a reported breach of the IPPIS third-party payment protocol at an Institute outside Abuja.

It stated that the incident had since been reported, and was being investigated by relevant anti-corruption, security, and regulatory agencies.

In the meantime, a staff suspected to be connected with the breach has been suspended to allow for thorough investigation.

The Office indicates that all necessary steps are being taken to strengthen the controls around the IPPIS payment platform while the independent forensic audit of the entire payroll system will help to ascertain if the reported breach is isolated or widespread.


 

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