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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WAGNER GROUP LEADER YEVGENY PRIGOZHIN PRESUMED DEAD AS HIS PRIVATE JET CRASHES. (PHOTOS).

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 Wagner group leader Yevgeny Prigozhin presumed dead as his private jet crashes

Wagner group leader, Yevgeny Prigozhin has been presumed dead after his private jet mysteriously dropped from the sky. 


The mercenary chief was listed to be travelling on the private jet which was en route from Moscow to St Petersburg when it crashed on Wednesday, August 23.


Footage showed the aircraft spiralling towards the ground, with smoke pouring from the fuselage after it mysteriously started diving towards the ground. Seconds later, snaps of the aftermath showed mangled wreckage in a fiery heap.


Russia’s state news agency Tass quoted emergency officials as saying the plane carried three pilots and seven passengers. The authorities said they were investigating the crash, which happened in the Tver region more than 60 miles north of Moscow.


Mr Prigozhin, whose private military force Wagner fought alongside Russia’s regular army in Ukraine, mounted a short-lived coup against the Russian government in late June.


A negotiated settlement between the Kremlin and the Wagner group put an end to the rebellion and Prigozhin agreed to go into exile in neighbouring Belarus.


It is understood Wagner Group plunders diamonds, gold, oil, and gas from countries in which they operate as well as being paid directly by crooked regimes. And on top of his other businesses, this had inflated Prigozhin's wealth to extraordinary levels, with some estimates putting his personal fortune as much as £2 billion.


In 2018, U.S. prosecutors charged Prigozhin for his suspected role in funding the Internet Research Agency, which the U.S. described as a Russian "troll farm" that sought to use digital campaigns to increase political and social tensions in the U.S.

More photos below. 





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