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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MAURITANIA EX-PRESIDENT JAILED FIVE YEARS FOR CORRUPTION.(PHOTO).

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Mauritania ex-president jailed five years for corruption


A court in Nouakchott, the capital city of Mauritania, on Monday sentenced former president Mohamed Ould Abdel Aziz to five years in prison for having abused his position to amass an ill-gotten fortune.


Aziz had been on trial since January alongside 10 other prominent figures, including two former prime ministers, for illicit enrichment, abuse of functions, influence-peddling and laundering.


He was convicted of illicit enrichment and laundering but cleared of the other charges.


The court also ordered the confiscation of Aziz’s illicitly acquired assets.


Aziz, 66, did not react to the judgement.


He has been in detention since January 24, having also spent several months in prison in 2021.


Aziz spent a decade in power between 2009 and 2019.

 

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