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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EFCC ARRESTS 14 FUTA UNDERGRADUATES, 19 OTHERS FOR SUSPECTED INTERNET FRAUD. (PHOTOS). #PRESS RELEASE

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 EFCC Arrests 14 FUTA Undergraduates, 19 Others for Suspected Internet Fraud

Operatives of the Benin Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested fourteen undergraduates of the Federal University of Technology,  Akure, Ondo State.

 

They were arrested alongside nineteen( 19) others in the early hours of Wednesday,  February 14,  2024 for suspected internet crimes.


The suspects were arrested at different residential locations within Akure metropolis following  intelligence  on their alleged nefarious activities. Specifically, the sting operation that yielded their arrest was a response to strident calls to the EFCC by neighbours and parents around the locations, to save their children from being lured into internet-related activities by the suspects.


Items recovered at the point of arrest include ten exotic cars, phones, laptops and one motor bike.


The suspects would be charged to court as soon as investigations are concluded.


More photos below. 



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