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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EDO PDP CHAIRMAN, AZIEGBEMI REGAINS FREEDOM FROM KIDNAPPERS. (PHOTO).

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 Edo PDP chairman, Aziegbemi regains freedom from kidnappers


The Edo State Chairman of the Peoples Democratic Party (PDP), Dr. Tony Aziegbemi has been released from the clutches of kidnappers.Dr. Aziegbemi, who was kidnapped by a gang of gunmen near his house in Benin, 11 days ago, was reportedly set free by his abductors in the early hours of today (Tuesday, 26 March).

Sources had it that he arrived at his GRA residence at about 3 am to the waiting arms of his family members and close friends.

Speaking on his mobile phone early this morning, the Edo PDP chairman said that he was happy to be back home with his family.

“I am back home with my family. I am fine. I am just trying to rest and will talk to you later,” he told a journalist.

Circumstances surrounding his release are however unclear, as of the time of this report.

It is not clear if a ransom was paid for his release as the abductors had reportedly demanded a princely sum of N500 million before setting him free.

The State Police Command spokesman, SP Chidi Nwanbuzor, who spoke to journalists on his mobile phone, simply advised journalists to wait for an official police statement.

“Wait for the official police statement,” he said.

Recall that Aziegbemi who is a former member of the House of Representatives (Esan North East/Esan South East), was trailed by his abductors who rode in two Toyota Corolla cars on the night of Friday, 16 March.

According to his driver, the gunmen overtook his sports SUV at a speed break as it slowed down along Osaro Street, off Country Home Road, close to his house at about 11 pm.

The PDP chairman who is said not to have  police protection was on his way home after a meeting in Government House when he was abducted by the gunmen who trailed him.

The gunmen were said to have abandoned the Russian trained economist’s car along Sapele road and took him away in their cars.

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