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

BECAUSE I CHALLENGED OBASANJO ON SOME OF HIS POLICIES,ALL OF A SUDDEN,HE RUSHED DOWN TO MY HOUSE UNANNOUNCED,REQUESTED FOR POUNDED YAM - AUDU OGBE.(PHOTO).


Because I challenged OBASANJO on some of his policies, all of a sudden, he rushed down to my house unannounced, requested for pounded yam — Audu Ogbe.

He came with all the fully armed security agents you can think of. My family was in serious panicking mood. 

After the meal, he washed his hands and brought out a letter asking me to read and sign. 

As I was reading, I saw it was my Resignation Letter as the PDP Chairman written by Obasanjo himself, a drop of water fell from my eyes, as I looked up, the security guards moved closer, I requested to go inside and get a pen, Obasanjo instantly brought out a pen from his pocket, 'this is pen sign it immediately". 

I signed and he told me 'Chairman, you know that for what you said today, you shouldn't be my Chairman again..."

I remained dumb until he left. 

Thirty minutes after, he came again, I thought they wanted to kill me, I went to meet him outside, he brought out the letter and said 'you didn't put date there, oya write today's date below your signature'. I did and he left. 

It was a traumatic night for me and my family.

 

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