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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FALANA URGES DSS TO SPEED UP EMEFIELE, BAWA PROBE.(PHOTO).

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FALANA URGES DSS TO SPEED UP EMEFIELE, BAWA PROBE


Human rights lawyer Femi Falana has urged the Department of State Services to hasten the investigation into the cases involving the suspended Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, and the former Governor of the Central Bank of Nigeria, Godwin Emefiele.

Emefiele was arrested on June 10 by officials of the DSS over charges surrounding terrorism financing, while Bawa was arrested over allegations of abuse of office.
Falana made the call while featuring on a Television Programme.

Falana said that even if the DSS has obtained a court order to detain Emefiele and Bawa, the order cannot last for long.

The Senior Advocate of Nigeria urged the Nigerian government to handle the cases in line with the provisions of the law to avoid a situation whereby loopholes are exploited.

 

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