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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IGP PRESENTS CHEQUES WORTH OVER 2 BILLION TO NEXT OF KINS OF DECEASED OFFICERS.(PHOTOS).#PRESS RELEASE

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 PRESS RELEASE


IGP PRESENTS CHEQUES WORTH OVER 2 BILLION TO NEXT OF KINS OF DECEASED OFFICERS



The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, has successfully kicked off the presentation of cheques for Group Life Assurance and the IGP Family Welfare Scheme to 613 beneficiaries and next-of-kins of deceased police officers for the policy years 2020/2021, 2021/2022, and 2022/2023. Speaking at the ceremony held at the Force Headquarters in Abuja on Thursday, November 16th, 2023, the IGP highlighted the importance of the event, emphasizing the administration's unwavering commitment to the welfare of all officers including those serving, retired, and deceased.


During his address, the IGP disclosed that the total amount involved in the two policies is Two Billion, Two Hundred and Seventy-Six Million, One Hundred and Ten Thousand, Nine Hundred and Sixty-Six Naira, Eighteen Kobo (N2,276,110,966.18k). He noted that this marks the third such event since he assumed office. The IGP expressed condolences to the families of the deceased officers, recognizing the sacrifices made by the fallen heroes while assuring that the presentation of these cheques is a tangible way to acknowledge and support the families, providing financial relief to ease their burdens.


Acknowledging the exceptional efforts of the Force Insurance Unit and the collaborating insurance companies, the IGP commended their tireless work in ensuring the prompt settlement of claims to deserving beneficiaries. The Inspector General of Police similarly extended sincere gratitude to His Excellency, President Bola Ahmed Tinubu, GCFR, for prioritizing police welfare and ensuring the timely release of the premium for the Insurance Scheme. 


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI,

FORCE PUBLIC RELATIONS OFFICER,

FORCE HEADQUARTERS,

ABUJA


16th NOVEMBER 2023.

More photos below. 




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