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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RANSOM WAS PAID. POLICE DID NOT RESCUE ME FROM KIDNAPPERS- IMO MONARCH SPEAKA AFTER HIS RELEASE. (PHOTO).

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Samuel Ohiri, former chairman of the council of traditional rulers in Imo state, says the police did not rescue him from his abductors. 


Recall that the monarch was kidnapped from his residence in Orodo Mbaitoli LGA, Imo State, on Jan. 6 and was released after 13 days in captivity. 


The Imo police command said it secured Ohiri’s freedom in collaboration with other security agencies. 


Speaking with journalists on Friday, Jan. 26, the monarch said he was released after ransom was paid. 


He said: "Contrary to what the police said about my release, there is no hiding the fact that the state police never played any role. 


"I actually do not want to speak on this but I am doing it just to set the records straight. 


"I am not disputing the fact that the police may have made efforts towards my release but I am talking what I know. 


"It was my relationship with God and the help from my family people that made it possible. Although, that was after we paid ransom.” 


Recalling how he was kidnapped, Ohiri said: "I came back home to celebrate Christmas and New Year with my people in Obi-Orodo. Then on the 6th of January, I decided to visit one of my old boys and senior students of Emmanuel College Secondary School in those days.  


"But when I was coming back after visiting my friend around 8:30 pm, I met able-bodied men in front of my palace gate who came in their vehicle. 


"They double-crossed me and forced me into their vehicle. My cousin’s brother smartly introduced himself as my driver and they set him free. They now blindfolded me and zoomed off to an unknown destination. 


"I was first kept in an uncompleted building before I was transferred to another location. Within the twelve days I spent in their den, I saw hell. 


"It looked so much as if they had some scores to settle with the traditional rulers and politicians, but luckily for me, their leader came out and ordered them not to torture me, that I am a decent man. 


"Negotiations began between my people and the kidnappers which eventually resulted in setting me free after we paid the first and second ransom. 


“They later took me and another victim to Eziama Obiato


 

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