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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BOSS MUSTAPHA: BUHARI DIDN'T APPROVE $6.2M FOR ELECTIONS, HIS SIGNATURE WAS FORGED. (PHOTO).

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 Boss Mustapha: Buhari Didn’t Approve $6.2m For Elections, His Signature Was Forged

Former Secretary to the Government of the Federation, Boss Mustapha, has denied approving the $6.2 million purportedly used for international election observers.


Mustapha, who was testifying in the ongoing trial of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, alluded to former President Muhammadu Buhari’s signature being forged.


The Economic and Financial Crimes Commission (EFCC) filed an amended 20-count charges bordering on criminal conspiracy, conferring undue advantage, and breach of trust among others preferred against Emefiele.


Led in evidence by prosecution counsel, Rotimi Oyedepo (SAN), Mustapha denied knowledge of the transaction even after leaving office and he only learnt about it in December 2023.


When he was showed the approval document from the office of the president, Mustapha said, “On the face value of the document, I can say having served five years and seven months, this document did not emanate from the office of the President of the Federal Republic of Nigeria.


“The Federal Executive Council (FEC) decisions are not transmitted by letters. They are transmitted through extracts after conclusions are adopted.


“I am the custodian of the record of FEC, for that reason, the president cannot refer any executive conclusion to me.


“All the years I have served, I have never heard of the term special appropriation provision. The two terms known to me are appropriation as provided for by the Appropriation Act passed by the national assembly. The second is when the government finds a gap, it brings a supplementary appropriation.


“In all the correspondences I have received from Buhari, it has never had ‘please accept the assurance of my highest regard’. I am his subordinate. The signature is a failed attempt at reproducing President Muhammadu Buhari’s signature. But I will leave that to the experts.”

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