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

BUHARI SUBMITS ASSETS DECLARATION FORM TO CCB,RECORDS ZERO DEBT. (PHOTO).



Buhari Submits Assets Declaration Form To CCB, Records Zero Debt

The former President, Muhammadu Buhari, has submitted his assets declaration forms to the Code of Conduct Bureau. Buhari recorded in the form that he has zero debts.

In line with chapter six of the constitution, the CCB issued an acknowledgement receipt to the president.

The Senior Special Assistant on Media and Publicity to Buhari, Garba Shehu, revealed by sharing the receipt on his Twitter page on Sunday.

He said, "The completed declaration shows that his movable assets did not increase, at home in Nigeria or outside the country and did not add new bank accounts outside the only one he had in Union Bank, Kaduna. 

"He has taken no loans and has no liability and the number of animals on his farm recorded a little decrease due to the number he gave out as gifts in the last four years."

Credit: Twitter | GarShehu



 

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