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

ICPC’S WAR ON CORRUPTION KEY TO GOOD GOVERNANCE, GROWTH AND DEVELOPMENT - CHAIRMAN.(PHOTOS).#PRESS RELEASE


ICPC’S WAR ON CORRUPTION KEY TO GOOD GOVERNANCE, GROWTH AND DEVELOPMENT - CHAIRMAN


The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa Adamu Aliyu SAN, has underlined the commitment of the Commission to go all out in its bid to stamp out corruption as one of the keys to actualizing good governance, growth and development of the country.

Dr Aliyu made this assertion during a strategic meeting with delegates from the African Union Development Agency-New Partnership for Africa’s Development (AUDA-NEPAD) at the Commission’s headquarters on Wednesday.

The ICPC boss stated that the Commission owed it to citizenry to detect and tackle corruption that has negatively impacted the image of Nigeria for so long.

According to him, the impact of corruption is manifested in underdevelopment and poverty which makes the prospect of investment unappealing. He insisted however, that the responsibility for projecting the country in a positive light, must be a collective effort.

Dr Aliyu stated that his predecessors had left a legacy of strategic partnerships with organisations which he intended to build upon, pointing out that there was a viable track record of ICPC and NEPAD working together on various projects including election monitoring. He added that future collaborations must be geared towards projecting a positive image of Nigeria to encourage internal and foreign investment while fostering development.

Speaking from a larger perspective, the ICPC Chairman pointed out that eradicating corruption in Nigeria would be infectious to neighbouring countries and the continent as a whole which in turn would significantly boost development through improved socio-economic values and infrastructure.

In a similar vein, the Secretary to the Commission, Mr. Clifford Oparaodu Esq, suggested that policies developed from joint initiatives between the Commission and stakeholders would be invaluable to development as a result of increased efficiency.

The Chief Executive Officer of AUDA-NEPAD, African Peer Review Mechanism (APRM), Honourable Princess Gloria Akobundu who led the visiting delegation, said NEPAD hoped to ensure Nigeria is respected continentally and globally. This she said, could be achieved by advocating for improved governance and economic growth. 

Akobundu asserted that the APRM initiative was meant to encourage African countries to foster healthy relationships based on self-assessment and improvement.

 More photos below. 



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