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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PRINCESS DIANA'S DRESS BREAKS NEW FASHION RECORD SELLS FOR £900,000.(PHOTO).

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Princess Diana's Dress Breaks New Fashion Record Sells for £900,000


A gown worn by Princess Diana broke a new fashion record, going under the hammer in Hollywood for over £900,000.

The ballerina-length velvet evening dress was worn by the late Princess in 1985 whilst on a royal tour in Italy with her then-husband Charles, and again to the Vancouver Symphony Orchestra in 1986.

Sold alongside a matching illustration, it fetched a grand total of 1,148,080 US dollars (£904,262) at Julien’s Auctions.

It had previously been estimated by experts as likely to sell for 100,000 dollars (£78,776).

But due to its actual sale price, the gown, which came complete with shoulder pads, a blue organza skirt, a large bow, and a sash, is now the new record holder as the most expensive dress worn by Diana sold at auction.

The previous record holder, a 1991 velvet gown by Victor Edelstein, fetched 604,800 dollars (£476,437) at an auction in January.

The collector’s item worn by Diana was constructed with fabric chosen by world-renowned textile merchant Jakob Schlaepher and featured metallic embroidered stars carefully threaded by the design team at Jacques Azagury.

The ballerina skirt was considered a nod to her patronage of the English National Ballet and her love of dance.

Diana went on to wear several Jacques Azagury pieces during her time with the royal family, with the Moroccan-British fashion designer creating her wedding dress for her 1981 nuptials to Charles.

Also on sale at the Julien’s Auctions and TCM Present: Hollywood Legends events was a blouse worn by Diana for her 1981 engagement portrait.

The pink crepe blouse, which features a ruff-like collar and loose pleats to the front, was worn by Diana and was captured on film by royal photographer Lord Snowdon.

It sold for 381,000 dollars (£300,990), nearly four times its original estimate of 80,000 dollars.



 

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