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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MYSTERY WINNER CLAIMS $1.58 BILLION US LOTTERY JACKPOT. (PHOTO).

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Mystery winner claims $1.58 billion US lottery jackpot

The Florida Lottery said the winner of the $1.58 billion jackpot, the second-largest in U.S. history has come forward to claim the prize.
But the person’s identity may remain a secret for another 90 days..
The Mega Millions jackpot was claimed on Monday, seven weeks after the Aug. 8 drawing, Florida Lottery said in a statement.
Florida is one of 45 states plus Washington, D.C., and the U.S. Virgin Islands to participate in Mega Millions.
The lottery went for 31 twice-weekly drawings without a winner until a ticket buyer at a Publix supermarket in Neptune Beach, about 15 miles (24 km) east of Jacksonville, matched all six numbers.
Mega Millions said the $1.58 billion jackpot was the largest in its history, topping a $1.537 billion prize that was won in South Carolina in 2018.
That would rank it second behind the record set in the rival Powerball lottery, which was a $2.04 billion jackpot for a ticket sold in California in November 2022, according to Powerball’s website.
The Florida Mega Millions winner will have the option of claiming the full amount paid in a 30-year annuity or taking a lump sum of $794.2 million cash, according to the Mega Millions website. Winnings are taxed.
Under Florida law, lottery winners who claim prizes of $250,000 or more do not have to reveal their identities publicly until 90 days after the prize is claimed.
For a $2 ticket, the odds of winning the jackpot are about 1 in 300 million.

 

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