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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ACCESS BANK ANNOUNCES THE DEATH OF CEO WIGWE, WIFE & SON. (PHOTO). #PRESS RELEASE

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 Access Bank Announces The Death Of CEO Wigwe, Wife & Son


Lagos, Nigeria


February 11, 2024


ACCESS HOLDINGS PLC ANNOUNCES THE PASSING OF ITS GROUP CHIEF EXECUTIVE OFFICER, DR. HERBERT WIGWE, CFR


It is with deep sadness that the Board of Directors of Access Holdings Plc (theCompany') announces the passing of Dr. Herbert Wigwe, CFR, the Company'sfounding Group Chief Executive Officer and former Group Managing Director of itsflagship subsidiary Access Bank Plc ("the Bank'). Dr. Wigwe died alongside his wife and son on Friday, February 9, 2024 in a helicopter accident in the United States of America.


The entire Access Family mourns the loss of Herbert, Doreen and Chizi. We extendour deep and sincere sympathies to his family and loved ones. Dr. Wigwe was a keydriving force and a larger-than-life personality who brought his remarkable passion,energy, and experience to the transformation of the Access franchise since joining theBank in 2002.


Commenting on the passage of Dr. Wigwe, Mr. Abubakar Jimoh, Chairman of Access Holdings said:


"The Access Family has suffered a major loss with the passing of Dr. Wigwe who was a great friend and fine gentleman. He had a prodigious intellect, admirable personalqualities, and vast business experience which he brought to bear on the Access Family and for which we owe him a debt of gratitude.


"In line with the Company's policy, the Board will soon announce the appointment ofan Acting Group Chief Executive Officer even as we remain confident that the AccessGroup will build further on Dr. Wigwe's legacy of growth and operational excellence."


Sunday Ekwochi


Access Holdings


Group Company Secretary

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