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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A DOG TORE $4,000, A CASH MEANT TO PAY WORKERS FOR A NEW CONSTRUCTION. (PHOTO)

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 Cecil, a pet dog from Pittsburgh, brings a whole new meaning to the term "money hungry."


Clayton Law and his wife Carrie were having a new fence installed and made a special trip to the bank for $4,000.00 in cash to pay the workers. However, about a half hour after returning home, the couple entered the room where they had left the money only to be met with a very confusing sight.


The cash was all over the floor ripped to pieces and sitting innocently in the midst of all this mayhem... was good old Cecil.  Let's just say Cecil did pay most of it back eventually in small deposits all over the yard. 


At one point in the night, the couple's furry little ATM withdrew some funds all over their floor after a tummy ache. 


All Clayton could say as he watched in stunned awe was, "Wow... that's a lot of hundreds".


So far the couple have recovered 3,550.00 dollars in the most unsavory of ways and lots of tape. The couples bank is aware of the situation and Carrie says they have been very nice about it.


Pictured above, Cecil and some of "his" money.

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