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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MISSING TITANIC SUBMARINE: ALL FIVE PASSENGERS ARE DEAD,SAYS FIRM BEHIND VESSEL.(PHOTO).

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Missing Titanic submarine: All five passengers are dead, says firm behind vessel

Owners of the Titan submersible OceanGate has said they believe the crew have sadly been lost. A USCG spokesperson said the debris field was 1,600 feet from the bow of the Titanic

In the photo below those on board the missing sub clockwise from top left: Hamish Harding, Stockton Rush, Shahzada and Sulaiman Dawood and Paul-Henry Nargeolet

OceanGate, the company behind the missing Titanic sub, has said they believe the crew have "sadly been lost".

“We now believe that our CEO Stockton Rush, Shahzada Dawood and his son Suleman Dawood, Hamish Harding, and Paul-Henri Nargeolet, have sadly been lost,” the company said in a statement.

This comes as the US Coast Guard confirmed the debris found belonged to the missing sub.

“These men were true explorers who shared a distinct spirit of adventure, and a deep passion for exploring and protecting the world’s oceans,” according to the statement. “Our hearts are with these five souls and every member of their families during this tragic time. We grieve the loss of life and joy they brought to everyone they knew.”

This comes after a “debris field” was discovered within the search area in the missing vessel. According to a USCG spokesperson it was 1,600 feet from the Titanic.

Titanic submarine crew's last moments before dive as barista says they were 'excited' to go: 

The full statement added: "This is an extremely sad time for our dedicated employees who are exhausted and grieving deeply over this loss.

 

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