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

GUNMEN KIDNAP BANK MANAGER IN BAYELSA.(PHOTO).


Gunmen kidnäp bank manager in Bayelsa

Gunmen suspected to be kidnappers have abducted the Operations Manager of the Sterling Bank, Mrs. Nneka Enuka Ugonochie in Bayelsa State. 

It was gathered that the woman was abducted by gunmen dressed in military camouflage around the PDP Junction of the Sanni Abacha Expressway in Yenagoa on Friday, June 16, 2023. 

Security sources told Daily Trust that the victim had been warned previously to relocate from her residence which is adjacent to that of the arrested kidnap kingpin, John Ewa aka John Lyon and Emmanuel Agase.

It was gathered that the men of the Operation Puff Adder and anti-kidnapping squad of the state police command had provided security for her residence but the arrangement was altered after she complained of cost of logistics.

It was also revealed that she was warned that until the state government approved the seizure of the building owned by the arrested kidnappers, she should be vigilant and security conscious. 

Many residents of the area told Daily Trust that the kidnapping could be connected to the remaining members of John Lyon’s gang who were on the run during the arrest of the kingpin. 

The Commissioner of Police in Bayelsa State, CP Romokere Ibani, who confirmed the kidnap on Tuesday, said the bank manager was abducted while driving to her office by four gunmen dressed in military camouflage.

He said investigation was ongoing to track down the hoodlums and free the victim.

 

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