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

GOV. ABIODUN EXPRESSED SHOCKED OVER TRAGIC DEATH OF WIGWE, WIFE, SON, OGUNBANJO, OTHERS. (PHOTOS). #PRESS RELEASE


 Abiodun Expressed Shock Over Tragic Death Of Wigwe, Wife, Son, Ogunbanjo, Others

Ogun State Governor Prince Dapo Abiodun has described as tragic the death of the Chief Executive Officer (CEO) of Access Holdings Plc, Mr. Herbert Wigwe in a helicopter crash in the United States of America.


Wigwe, his wife, son, and three others, including Abimbola Ogunbanjo, former chairman of NGX Group Plc, died when their  helicopter crashed near the border of California and Nevada on Friday night.


Governor Abiodun described the incident as a devastating loss for the families, friends, and the entire business community in Nigeria. 


The governor described Wigwe as a quintessential banker who contributed immensely to the Nigerian economy, adding that he was a pillar of support to his administration’s 'Building Our Future Together' agenda.


According to him, Wigwe's death has created a void that will be difficult to fill.


He condoled with the families of the deceased, the management and staff of Access Holdings, the business communities, and the Rivers State government on the tragic incident.


He said: "I am deeply saddened by the news of the helicopter crash that claimed the lives of Herbert Wigwe and five others. My thoughts and prayers are with their families during this difficult time. 


"Herbert Wigwe was not only a respected business leader but also a role model for many aspiring entrepreneurs. His contributions to the banking sector and the Nigerian economy will always be remembered."


Prince Abiodun also condoled the Ogunbanjos on the death of the former chairman of Nigerian Exchange Group Plc, (NGX Group), Chief Abimbola Ogunbanjo in the crash.


Chief Abimbola Ogunbanjo was born into the family of the late Chief Chris Ogunbanjo of Erunwon in Ogun State.


Prince Abiodun described the late Ogunbanjo as not just an exceptional businessman but also a man of great character and integrity. 


The governor noted that as chairman of NGX Group Plc, the deceased played a vital role in shaping the Nigerian financial market and contributed to its growth and development. 


"His dedication, passion, and unwavering commitment to excellence have left an indelible mark on the industry.


"In moments like this, words seem inadequate to express the magnitude of our loss. As a state, we extend our deepest condolences to the Ogunbanjo family, friends, and colleagues. We share in your grief and sorrow, and we stand by you during this difficult time," he added.

One more photo below. 

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