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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DSS RE-ARREST EMEFIELE AFTER GOING PHYSICAL WITH NCS.(VIDEO/PHOTO).

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DSS Re-arrest Emefiele After Going Physical With NCS



Operatives of the Department of State Services (DSS), on Tuesday, re-arrested suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, after a tussle with officials of the Nigerian Correctional Service (NCS).


Emefiele’s re-arrest occurred on the premises of a Federal High Court in Lagos sitting in Ikoyi after Justice Nicholas Oweibo admitted the embattled and suspended apex bank chief to bail in the sum of the N20m.


The judge also ordered that Emefiele be remanded at the correctional center pending the fulfillment of the bail conditions.


However, there was a little brawl between DSS and NSC officers on who will keep Emefiele, after which DSS made away with the former Central Bank governor against Court's order.

Watch video below. 

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