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

MR IBU’S ADOPTED DAUGHTER, JASMINE OKAFOR REACTS TO NEWS OF HER ARREST OVER ALLEGED N55M SCAM.(PHOTO).




 Mr Ibu’s adopted daughter, Jasmine Okafor reacts to news of her arrest over alleged N55m scam

Jasmine Okafor, the adopted daughter of veteran actor, Mr Ibu has reacted to the news of her arrest over an alleged N55m scam.


We reported last night that the Nigerian police had arrested her and one of Me Ibu’s sons, Daniel Onyeabuchi for allegedly defrauding the actor of the sum of N55 million.


According to the statement, the FCID received a petition from his wife, alerting them of their plans to defraud her husband while on his sick bed. His wife, Stella who was managing the funds was manipulated by Stella and Daniel who took possession of Mr Ibu’s phone, hacked into his bank details, and successfully took full charge of his banking activities.


Investigation further unearthed text messages via WhatsApp between Jasmine and Daniel detailing how they conspired and hatched their criminal plans. It was also exposed that the two had a sham marriage at the Ikoyi Magistrate Registry with plans to escape from the country to the UK where they intended to settle with their proceeds of crime.


Reacting to the news, Jasmine via a blog’s comment section sarcastically stated that the figures she had been accused of were wrong as she had stolen 1 billion.


She stated that she was responding live from Kiri Kiri prison.


“Wrong figure it was actually 1 billion ooh! Unna mind no go touch ground


Responding live from Kiri Kiri”.

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