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

ANAMBRA BILLIONAIRE'S DEATH THROWS COMMUNITY INTO CONFUSION. (PHOTO)



 Anambra billionaire’s death throws community into confusion


The death of Chief Osondu Nwoye, the Umueze, Amanuke billionaire, in Awka North local government of Anambra state, has thrown the area in confusion 

While some believe he is still alive, others have started counting the losses from his demise. 

Nwoye, according to his kinsmen, was à philanthropist of high repute not only in the sleepy Amanuke community but in the entire Awka North council area. 

The 53-year-old business man, who resides in Ivory Coast, was said to have died during the Nigeria /South Africa match. 

His friend and kinsman, Chief Chikodi Anarah, who is Anambra Commissioner for Home Affairs, told The Nation that it was difficult to believe his death. 

À musician from Amanuke, Chibuzor Okafor (aka ‘onyeoma)  told The Nation that the entire community was in pains, adding “à heavy rain has fallen in Amanuke.”

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