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, FRENCH EMBASSY PARLEY ON ANTI-GRAFT WAR.(PHOTO).#PRESS RELEASE

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EFCC, French Embassy Parley on Anti-Graft War 
          
French’s Minister of the Interior and Overseas, Laurent Baile has expressed support for the Economic and Financial Crimes Commission, EFCC, in its relentless fight against economic and financial crimes and other acts of corruption. 

He made this disclosure on Tuesday, December 5, 2023 in Abuja while on a courtesy visit to the Executive Chairman of the EFCC, Ola Olukoyede at the corporate headquarters of the Commission in Jabi, Abuja.

Baile congratulated Olukoyede on his appointment and sued for greater collaboration with the EFCC on modalities for tackling cybercrimes and associated criminalities.  Discussions were also held on issues pertaining to joint investigations and intelligence sharing. 

In his response, Olukoyede appreciated the visit and restated his resolve about driving the war against economic and financial crimes on the right focus. “We are determined to properly focus the mandate of the Commission in the overall interests of Nigerians.  The overriding aim of fighting economic and financial crimes is to grow the economy, stimulate development, create jobs and remove bottlenecks against sustainable development.  We will be more professional in the way we do our jobs and we will adhere strictly to the rule of law”, he said.  He commended the French government for its longstanding support for the EFCC and called for greater synergy in tackling the menace of economic and financial crimes.

 Baile was accompanied on the visit by Verin Emmanuel,  Interior Attache  at the French Embassy.


 

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