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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EFCC BANS STING OPERATION AT NIGHT.(PHOTO).#PRESS RELEASE

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EFCC Bans Sting Operations at Night

In line with the newly-reviewed procedures on arrest and bail of suspects by the Economic and Financial Crimes Commission, EFCC, the Executive Chairman of the Commission, Mr. Ola Olukoyede has directed that sting operations at night time be stopped in all the Commands of the EFCC.

He gave the directive in Abuja on Wednesday, November 1, 2023 in reaction to the arrest of 69 suspected internet fraudsters by operatives of the Ibadan Zonal of the Commission in Ile-Ife, Osun State.  

Already, many of the suspects duly profiled by the Command have been released, while profiling of suspects yet un-released will be completed, without further delay.

The Commission wishes to assure the public that it will not relent in its adherence to the rule of law, in the exercise of its mandate. 



 

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